The variance of the binary data is:

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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In the binary data below "1" is assigned to students who are business majors in a statistics class and "0" is for all other majors.

 

1 1 1 0 1 1 1
1 0 1 1 1 1 1
1 1 1 1 0 1 1
1 1 1 1 1 1 1
1 1 1 1 1 0 1
0 1 1 1 1 1 1
0 1 1 1 1 0 1
0 0 1 1 1 1 1
1 0 1 1 1 1 1
1 1 1 1 0 0 1
1 1 1 1 1 0 1
1 1 1 1 0 1 1
1 1 1 1 1 1 0
1 1 1 1 1 0 1
1 1 0 1 1 0 1
1 1 1 1 1 1 1
1 0 1 1 1 1 0
0 1 0 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

 

18 The variance of the binary data is:    
a 0.1324    
b 0.1409    
c 0.1499    
d 0.1595    
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