Variance is a measure of ________ and the lower the variance, ________
A) expected profit; the lower the profit
B) risk; the lower the risk
C) standard deviation; lower the standard deviation
D) risk; the greater the risk
B
You might also like to view...
Wheat produced in the U.S. but sold in Japan would not be included while calculating the U.S. GDP
a. True b. False Indicate whether the statement is true or false
A dual economy is characterized by:
a. rapid productivity growth in both the agricultural sector and the manufacturing sector. b. uneven development trends in two economic sectors. c. drastic differences in regional work ethics. d. the nonexistence of the government and foreign trade sectors. e. a manufacturing sector that does not depend on natural resource supplies for production.
A person is unemployed if he works for a family business without pay
a. True b. False Indicate whether the statement is true or false
Which of the following is not an example of moral hazard?
A. People take poor care of their health because they have health insurance. B. People drive recklessly because they have medical insurance. C. People don't lock their doors because they have theft insurance. D. All of these are examples of moral hazard.