One Common Reason for Reporting Standard Deviations Rather Than Variances

question 76

Multiple Choice

One common reason for reporting standard deviations rather than variances is that standard deviations:

• A)Are lower
• B)Are stated in understandable units
• C)Account properly for negative returns
• D)Take probability estimates into consideration

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Definitions:

Scripted Knowledge

Pre-learned sequences of events or behaviors that individuals use to understand and navigate recurring situations.

Illogical Thinking

Reasoning or thought processes that lack coherence, consistency, or adhere to the principles of logic.

Piagetian View

A perspective on cognitive development proposed by Jean Piaget, emphasizing stages through which children progress as they gain understanding of their world.

Cultural-Context View

The perspective that human behavior and mental processes must be understood within the context of an individual's cultural background.