The Standard Deviation Is Generally More Useful Than the Variance

question 96

Multiple Choice

The standard deviation is generally more useful than the variance because:

• A) it is easier to calculate.
• B) variance is a measure of risk, where standard deviation is a measure of return.
• C) standard deviation is calculated in the same units as payoffs and variance isn't.
• D) it can measure unquantifiable risk.

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Definitions:

Pheromones

Chemical substances produced and released into the environment by an animal, affecting the behavior or physiology of others of its species.

Genes

Units of heredity that are transferred from a parent to offspring and are held to determine some characteristics of the offspring.

Sapir-Whorf Thesis

The theory that the structure of a language influences its speakers' world view or cognition, and thus people's perceptions are relative to their spoken language.

Rites of Passage

Ceremonial events or processes that mark an individual's transition from one social status to another.