Which of the Following Is Not a Property of Variance

question 36

Multiple Choice

Which of the following is not a property of variance?

• A) The units of variance are the squares of the units of the original data.
• B) The value of the variance is always positive or 0.
• C) The sample variance is a biased estimator of the population variance.
• D) The value of the variance is zero only when all of the data values are the same number.

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Definitions:

Sales Tax

A tax levied on the cost (at retail) of a broad group of products.

Basic Source

Refers to the primary or fundamental origins of information or data used in research and analysis.

Property Tax

A tax on the value of property (capital, land, stocks and bonds, and other assets) owned by firms and households.

Transfer Payments

Transfer payments are financial distributions that do not directly correspond to the receipt of goods or services, such as welfare benefits or government subsidies.