The Value of the Sum of the Deviations from the Mean

question 110

Multiple Choice

The value of the sum of the deviations from the mean, i.e., must always be

• A) less than the zero
• B) negative
• C) either positive or negative depending on whether the mean is negative or positive
• D) zero

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Definitions:

Present Value

The value today of a sum of money or sequence of cash flows expected in the future, discounted by a certain rate of return.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Payday Loans

Short-term, high-interest loans that are typically due on the borrower’s next payday.

Active Duty Personnel

Active duty personnel refers to military members who are currently serving on a full-time basis in their military capacity.