Variance of a Probability Distribution Is Used to Measure Risk

question 11

Multiple Choice

variance of a probability distribution is used to measure risk because a higher variance is associated with

• A)a wider spread of values around the mean.
• B)a more compact distribution.
• C)a lower expected value.
• D)both a and b
• E)all of the above

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Definitions:

Conclusion

The final part of something, such as an argument or a research paper, summarizing the findings or restating the main point.

Arrow

A graphical symbol or object used to point or indicate direction, typically found in diagrams, signs, or instructions.

Independent Premises

Statements in an argument that support a conclusion in a way that they do not rely on one another for validity.

Spinach

A leafy green vegetable known for its nutritional benefits, including high levels of iron and vitamins.