Which of the Following Is True About Variance

question 5

Multiple Choice

Which of the following is true about variance?

• A) It measures the uncertainty of a random variable.
• B) Higher variance implies low uncertainty.
• C) It is the square root of a random variable's standard deviation.
• D) It is the weighted average of all possible outcomes.

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Social Trends

Patterns of behavior, attitudes, or preferences in society that are widespread and evolve over time, significantly influencing consumer behaviors and societal norms.

Consumer Values

The principles and standards that individuals consider important and prioritize when making purchasing decisions.

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The holistic state of being in good physical and mental health, often pursued through balanced diet, regular exercise, and stress management.

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The set of shared beliefs, values, customs, behaviors, and artifacts that the members of society use to cope with their world and with one another, which are transmitted from generation to generation through learning.