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Jun 10, 2014 at 21:51 comment added gung - Reinstate Monica Variance is simply a property of a set of numbers. The existence of a variance does not presuppose that the variable was stochastic. You can take a variance of a variable fixed at prespecified levels. What you might legitimately conclude from the variance may be another issue, though.
Jun 10, 2014 at 21:48 comment added Pasato Thanks gung. By the way - is it mathematically legit to take variance of variable which we do not assume to be random?
Jun 10, 2014 at 21:47 vote accept Pasato
Jun 10, 2014 at 21:45 history answered gung - Reinstate Monica CC BY-SA 3.0