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Which of the Following Statements Is True

question 43

Short Answer

Which of the following statements is true? A The standard deviation is always greater than the variance.BThe sum of the squared deviations from the mean is always zero. C The standard deviation is in squared units.DThe sum of the deviations from each value in a data set to the mean, is always zero. \begin{array}{|l|l|}\hline A&\text { The standard deviation is always greater than the variance.}\\\hline B&\text {The sum of the squared deviations from the mean is always zero. }\\\hline C&\text { The standard deviation is in squared units.}\\\hline D&\text {The sum of the deviations from each value in a data set to the mean, is always zero. }\\\hline \end{array}

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Definitions:

Similarity To Other Situations

The degree to which a current scenario or issue replicates the aspects or conditions of a different situation previously encountered.

Confirmation Error

A cognitive bias involving the tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Decision Already Made

Decision already made refers to situations where a conclusion or resolution has been reached before discussing or presenting it to others, often making subsequent deliberations or inputs appear redundant.

Circular-Flow Diagram

A visual model that shows how goods, services, and money move through the economy in a circular manner between households and firms.

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