If the Variance of a Data Set Is Correctly Computed

question 68

Multiple Choice

If the variance of a data set is correctly computed with the formula using n - 1 in the denominator, which of the following is true:

• A)the data set is a sample
• B)the data set is a population
• C)the data set could be either a sample or a population
• D)the data set is from a census
• E)none of the above

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Definitions:

Will

A legal document that outlines how an individual's assets and properties will be distributed after their death.

Exclusive Possession

Refers to the right of a tenant or landholder to use and control their leased or owned property without interference.

Chattel

An item of personal property that is movable, as opposed to real estate or real property.

Tangible Personal Property

Physical items owned by individuals or businesses, excluding real estate and intangible assets.