Which of the Following Statements Is Most Correct

question 57

Multiple Choice

Which of the following statements is most correct?

• A)The improbability of an event occurring is the percentage of a given outcome.
• B)A skewed probability distribution shows all possible outcomes and associated probabilities for a given event.
• C)The standard evaluation measures the dispersion around the expected value.
• D)The constant of variation is a measure of relative dispersion used in comparing the risk of assets with differing expected returns.
• E)none of the above

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Definitions:

P

In statistics, typically refers to the p-value, which measures the probability of observing a statistical summary as extreme as the one observed, under the null hypothesis.

Normal Random Variable

A variable that follows a normal distribution in its value distribution.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the numbers are from the mean.

Mean

The arithmetic average of a set of values, calculated by adding all the values together and then dividing by the number of values.