Which of the Following Is True About the Computational Formula

question 69

Multiple Choice

Which of the following is true about the computational formula for variance?

• A)The computational formula will always produce the same solution as the definitional formula (give or take rounding errors).
• B)It is a short-cut method for calculating variance when the population or sample size is large.
• C)It is derived mathematically from the definitional formula.
• D)all of the above

---

Definitions:

Worker Skill

The expertise, abilities, and competencies that a worker possesses, which determine their capability to perform tasks efficiently and effectively.

Competitive Advantage

The attributes or conditions that allow a company to produce goods or services better or more cheaply than its competitors, leading to a favorable market position.

Transformation Process

The series of actions and operations that convert inputs into outputs, creating products or services in an organization.

Technology

The application of scientific knowledge for practical purposes, especially in industry.