Each Deviation in the Numerator for Variance Is Squared Because

question 19

Multiple Choice

Each deviation in the numerator for variance is squared because

• A) without squaring each deviation, the solution for SS would be zero.
• B) this inflates the value for variance, making it more accurate.
• C) without squaring each deviation, the solution could be negative.
• D) without squaring each deviation, the solution for SS would be zero, and without squaring each deviation, the solution could be negative.

---

Definitions:

Marginal Revenue Product

The additional revenue generated from using one more unit of a factor of production, considered a key factor in determining the resources employed by a firm.

Rental Cost

The price paid for the temporary use of a good, service, or property owned by another entity.

Capital

Resources or assets used in the production of goods and services.

College Education

Refers to the post-secondary education that students receive at universities, colleges, and other institutions, offering degrees and certifications beyond high school education.