Which of the Following Is NOT True About the Concept

question 71

Multiple Choice

Which of the following is NOT true about the concept of variance?

• A) variance is computed from the mean of the squared deviations
• B) psychometricians prefer variance to standard deviation as an index of variability
• C) variance is represented by sigma squared
• D) variance is standard deviation squared

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Definitions:

Interest Revenue

Income received from investments, savings, or as a payment for lending money.

Promisor

A person or entity who makes a promise or commits to performing a specified action in a contract.

Face Amount

The nominal or dollar value stated on a financial instrument or security, such as a bond.

Maturity Date

The specific date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.