Which of the Following Symbols Represents the Standard Deviation of the Population

question 14

Multiple Choice

Which of the following symbols represents the standard deviation of the population?

• A) σ²
• B) σ
• C) μ

---

Definitions:

GDP Deflator

An economic measure that converts output measured at current prices into constant-dollar terms, helping to distinguish between real growth and inflation.

Inflation

The tempo at which the cost of general goods and services escalates, undermining the ability to purchase as time progresses.

Expenditures Approach

A method of computing a country's gross domestic product (GDP) by adding up total consumption, investment, government spending, and net exports.

GDP

Gross Domestic Product, a measure of the economic output of a country within a specified period of time.