One Often Has to Make Investment Decisions If You Have

question 132

Multiple Choice

One often has to make investment decisions if you have a ____ plan.

• A)cash-balance
• B)defined benefit
• C)401(k)
• D)a and b
• E)a and c

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Definitions:

Dispersion

A statistical measure that describes the spread of or variation in a set of data values.

Variation

The difference in data set values from the mean, highlighting the dispersion or spread of a set of data points.

Quartile

A quartile is a type of statistical measure that divides a data set into four equal parts, revealing the spread and tendencies of the data.

Chebyshev's Theorem

A statistical rule stating for any real number k greater than one, at least (1-1/k^2) of the distribution's values lie within k standard deviations from the mean.