The Numerical Value of the Standard Deviation Can Never Be

question 15

Multiple Choice

The numerical value of the standard deviation can never be

• A) larger than the variance.
• B) zero.
• C) negative.
• D) smaller than the variance.

---

Definitions:

Variable Costs

Expenses that shift in direct proportion to the amount of production or sales, like labor and materials.

Fixed Costs

Costs that remain consistent for a company irrespective of how much goods or services it produces.

Financial Leverage

Financial leverage is the use of borrowed funds to increase the potential return of an investment.

Breakeven Analysis

A financial calculation to determine the point at which revenue and expenses are equal, resulting in no net loss or gain.