The Standard Deviation Is Generally More Useful Than the Variance

question 110

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:

Reinforce Correct

A learning strategy that involves strengthening desired behaviors or responses through positive reinforcement techniques.

Job Instruction

A structured method of training where an individual is taught how to perform their job effectively and efficiently through step-by-step instructions.

Successful Job

A role where the individual achieves set objectives, feels engaged and satisfied, and contributes positively to the organization's goals.

Self-Efficacy

An individual’s belief in their capacity to execute behaviors necessary to produce specific performance attainments.