Variance of a uniform

What is the variance of a Uniform[0,1][0,1] random variable? (to 2 decimals)

Show hints (2)+
  1. E[X] = 1/2 and E[X^2] = 1/3.
  2. Variance = 1/3 - 1/4.

Answer

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0.08 (± 0.01)

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Asked at: Optiver, Akuna Capital

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