Suppose the Standard Deviation for the Scores in Group a Was

question 25

Multiple Choice

Suppose the standard deviation for the scores in Group A was 3.12,and the standard deviation for the scores in Group B was 10.67.What would be a safe conclusion based on these standard deviations?

• A)The mean is also higher in Group B than Group A.
• B)Group B has scores that are more variable than Group A.
• C)Group A is more likely to be statistically significant than Group B.
• D)Group A had more extreme scores than Group B.

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Definitions:

Size

in a business or economic context typically relates to the scale or dimensions of a company or market, often measured by metrics such as revenues, employee count, or market share.

Nature

The fundamental qualities or characteristics of something, indicating its intrinsic properties or tendencies.

AASB 108/IAS 8

An international financial reporting standard that focuses on accounting policies, changes in accounting estimates, and errors.

Accounting Policy

Individual tenets, underpinnings, traditions, legislations, and tactics utilized by an establishment in crafting and showcasing its financial accounts.