STDEVP Should Be Used to Calculate Standard Deviation When All

question 99

True/False

STDEV.P should be used to calculate standard deviation when all data for a population is present.

---

Definitions:

Earnings Decrease

This term refers to a reduction in a company’s net income or earnings per share (EPS) in comparison to a previous period, indicating a decline in profitability.

Industry Averages

Statistical measures that represent the average or typical performance within a particular industry or sector.

Common-Sized Financial Statements

Financial reports where all line items are presented as a percentage of a significant total, facilitating comparison across different periods or companies.

Comparing

The process of evaluating or examining two or more items to identify similarities or differences.