Which of the Following Statements Is FALSE

question 76

Multiple Choice

Which of the following statements is FALSE?

• A)When an investment is risky,there are different returns it may earn.
• B)In finance,the variance of a return is also referred to as its volatility.
• C)The expected or mean return is calculated as a weighted average of the possible returns,where the weights correspond to the probabilities.
• D)The variance is a measure of how "spread out" the distribution of the return is.

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Definitions:

Covenant Chain

Alliance formed in the 1670s between the English and the Iroquois nations.

Iroquois Confederacy

A coalition of Native American tribes primarily located in what is now New York State, historically known for their political union and influence.

Predestination

A theological doctrine that all events have been willed by God, particularly relating to the fate of the soul after death, found in various religious traditions.

New Amsterdam

The 17th-century Dutch colonial settlement that later became New York City after being taken by the English.