Which of the Following Is True About the Concept of Scientific

question 130

Multiple Choice

Which of the following is true about the concept of scientific literacy?

• A) Only trained scientists are considered scientifically literate.
• B) Scientific literacy is the ability to answer basic science questions without looking it up.
• C) A person who can understand, analyze, and apply scientific information is demonstrating scientific literacy.
• D) Knowledge of scientific terminology is the most important part of scientific literacy.

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Definitions:

Standard Deviation

A mathematical indicator of the spread or fluctuation of data points or returns on investments relative to their average value.

Expected Return

This represents the mean of the probability distribution of possible returns for a security or portfolio.

Complete Portfolio

A complete portfolio represents a combination of risk-free assets and risky assets, designed to balance potential returns with the investor's risk tolerance.

Risk-Free Asset

An investment that is assumed to have no risk of financial loss, often represented by government bonds or treasury bills.