Which of the following statements is true about variance?
A) Variance describes how spread out a set of numbers or a value is around its mean or average.
B) Variance is essentially the variability from the average.
C) The larger the variance, the greater the dispersion.
D) All of the above statements are true.
Answer: D
You might also like to view...
Which of the following products can be useful to coordinate the evidence in large cases that involve investigators, legal counsel, accountants, expert witnesses, and management representatives?
a. DatiCon b. Analyst's Notebook c. CaseMap d. Ringtail
A bank reconciliation should be prepared
A) whenever the bank refuses to lend the company money. B) to explain any difference between the company's balance per books with the balance per bank. C) when an employee is suspected of fraud. D) by the person who is authorized to sign checks.
Changes in risk aversion, and therefore shifts in the SML, result from changing tastes and preferences of investors, which generally result from various economic, political, and social events
Indicate whether the statement is true or false
When using two predictor variables, these variables should be _______.
a.Correlated b.Related c.Independent d.Dependent