An Investment That Is Risk-Free

question 22

Multiple Choice

An investment that is risk-free

• A)has a standard deviation equal to its expected value.
• B)is a fair bet.
• C)has a variance of zero.
• D)Both A and B are true.

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Definitions:

Four-figure Accuracy

A level of precision in numerical representation where only the first four digits are considered significant.

Percentage

A number expressed as a fraction of 100, used to denote the ratio or proportion of a part relative to the whole.

Sudden Infant Death Syndrome

Sudden Infant Death Syndrome (SIDS) is the sudden and unexplained death of an apparently healthy infant, often during sleep, and without a clear cause even after a thorough investigation.

Babies

young infants, often referring to those from birth to 12 months, characterized by rapid physical and cognitive development.