The Standard Deviation Is Always Positive or Equal to 0

question 76

True/False

The standard deviation is always positive or equal to 0.

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Definitions:

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.

Risk-Bearing

The assumption of the risk and uncertainty involved in an enterprise or investment.

Frank Knight

An influential economist known for his work on risk, uncertainty, and the role these factors play in the economy.

Henry George

An American economist and social reformer of the 19th century known for his advocacy of a "single tax" on land to improve social equity.