Eight Bits Are Equal to One Byte

question 40

True/False

Eight bits are equal to one byte.

---

Definitions:

Shares

Shares represent units of ownership interest in a corporation or financial asset, providing a proportionate claim on its assets and profits.

Geometric Return

The average rate of return per period on an investment, calculated by taking the nth root of the total compounded return, where n is the number of periods.

Investment

The method of apportioning capital with the expectation of financial returns or earnings.

Standard Deviation

A statistical measure that quantifies the variability or dispersion of a set of data points or returns of an investment.