What is an intuitive explanation of why ? In laymen terms, it is equal to the variance of the conditional expectation plus the expected value of the conditional variance.

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- October 17th 2010, 08:32 AMTimeConditional and Total Variance
What is an intuitive explanation of why ? In laymen terms, it is equal to the variance of the conditional expectation plus the expected value of the conditional variance.

- October 17th 2010, 03:44 PMyannyy
my lecturer told me that there is no simple intuitive explanation to this and it has a complex proof to it as well.

Law of total variance - Wikipedia, the free encyclopedia

Theres a proof in there - October 17th 2010, 03:45 PMyannyy
my lecturer told me that there is no simple intuitive explanation to this and it has a complex proof to it as well.

Law of total variance - Wikipedia, the free encyclopedia

Theres a proof in there