Which of the Following Describes Standard Deviation

question 34

Multiple Choice

Which of the following describes standard deviation?

• A) It is the average of the greatest and least values in the data set.
• B) It is the square root of the variance.
• C) It is the difference between the first and third quartiles of a data set.
• D) It is the average of the squared deviations of the observations from the mean.

---

Definitions:

Liens

Legal claims against assets that are typically used as collateral to secure loans.

Accounts Receivable

Amounts due from clients to a business for received goods or services that remain unpaid.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.

Accounts Payable

Liabilities or amounts owed by a business to suppliers or creditors for goods and services received but not yet paid for.