The Variance of a Discrete Distribution Increases If We Add

question 15

True/False

The variance of a discrete distribution increases if we add a positive constant to each one of its values.

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Definitions:

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected to be used, multiplied by the standard cost per unit of material.

Units

Basic quantities or measures used to express the amount, level, or extent of something.

Fixed Factory Overhead Volume Variance

The difference between the budgeted and actual fixed overhead costs, attributable to variations in the volume of production.

Supervisors

Individuals in an organization responsible for overseeing the work of employees and managing their performance.