Nominate the Incorrect Statement in Relation to Standard Deviation

question 27

Multiple Choice

Nominate the incorrect statement in relation to standard deviation:

• A) Standard deviation is the statistical measurement of dispersion of outcomes around a mean.
• B) A higher measure of standard deviation infers higher risk.
• C) In approximately 99% of the time, the returns will vary plus or minus two standard deviations from the average.
• D) All of the above.

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Definitions:

Vicariously Liable

Legal principle where one party is held responsible for the actions or omissions of another party.

Joint

Pertaining to rights, obligations, or ownership shared between two or more parties.

Unlimited Liability

A legal structure where the owners of a business are personally responsible for all of the debts and obligations of the business, without any limit.

Unanimous Agreement

A consensus or decision where all members or parties involved fully agree without any dissent.