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.

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Definitions:

Cost Of Living

The amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time.

Economic Growth

The increase in the production of goods and services in an economy over a period of time.

Microeconomics

Microeconomics is the branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.

Rate Of Inflation

The pace at which the general level of prices for goods and services is rising, eroding purchasing power.