The Numerical Value of the Variance

question 53

Multiple Choice

The numerical value of the variance

• A) is always larger than the numerical value of the standard deviation.
• B) is always smaller than the numerical value of the standard deviation.
• C) is negative if the mean is negative.
• D) can be larger or smaller than the numerical value of the standard deviation.

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Definitions:

Operating Cycle

The period of time it takes for a company to purchase inventory, sell products, and collect cash from customers.

Business Decision

A choice made by a business in pursuit of its objectives, often involving resource allocation.

Material

The raw inputs or supplies used in the manufacturing of goods or products.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.