What Is the Approximate Standard Deviation of Returns If Over

question 15

Multiple Choice

What is the approximate standard deviation of returns if over the past 4 years an investment returned 8%, -12%, -12%, and 15%?

• A) 9.26%
• B) 10.26%
• C) 11.26%
• D)12.01%

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Definitions:

Department Accountability

The responsibility of departments within an organization to perform their functions correctly, efficiently, and to be answerable for their actions and outcomes.

Conversion Cost

The sum of labor costs and overhead costs used to convert raw materials into finished products.

Equivalent Unit

A measure used in cost accounting to express the amount of materials or labor in terms of the number of finished units they represent.

Process Costing

An accounting methodology used for homogeneous products, which calculates the cost of a product at various stages of production by spreading the total costs over the total units produced.