Which One of the Following Is a True Statement

question 58

Multiple Choice

Which one of the following is a true statement?

• A) It is not possible to overpay for real estate.
• B) Location is the least important factor when making a real estate investment.
• C) There are many factors to consider before investing in real estate.
• D) There is no reason to evaluate a real estate investment because real estate always increases in value sooner or later.
• E) Finding a buyer for a piece of real estate is always easy.

---

Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; a higher standard deviation indicates greater variability.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a certain level of confidence.

Population Mean

The average value of all the elements in a population, representing the central tendency of that population.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values in a dataset deviate from the mean.