Below Is the Standard Deviation for Extreme 10k Finish Times

question 34

Multiple Choice

Below is the standard deviation for extreme 10k finish times for a randomly selected group of women and men. Chose the statement that best summarizes the meaning of the standard deviation.

• A)The distribution of women's finish times is less varied than the distribution of men's finish times.
• B)On average, men's finish times will be 0.21 hours faster than the overall average finish time.
• C)On average, women's finish times will be 0.17 hours less than men's finish times.
• D)The distribution of men's finish times is less varied than the distribution of women's finish times.

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Definitions:

Perpetuity

An annuity that pays a constant stream of cash flows indefinitely.

Duration

An indicator of how a bond or debt security's price is affected by interest rate fluctuations, usually stated in terms of years.

Yield

The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost or current market value.

Convexity

A gauge of how changes in interest rates affect the relationship between the price of bonds and their yields, showing alterations in the bond's duration.