One of the Reasons That the Standard Deviation Is Preferred

question 9

True/False

One of the reasons that the standard deviation is preferred as a measure of variation over the variance is that the standard deviation is measured in the original units.

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Definitions:

Foreign Tax Credit

A tax credit that allows taxpayers to offset income tax paid to foreign countries against their U.S. tax liability to avoid double taxation.

U.S. Income Tax

A charge imposed by the U.S. federal government on the yearly income of individuals, companies, trusts, and various legal bodies.

Foreign Government

It refers to the government of a country other than one's own.

Retirement Savings Contributions Credit

A tax credit available to low and moderate-income individuals and families who contribute to qualified retirement savings accounts, aiming to encourage retirement savings.