________ Plots Are Often Used to Explore the Relationship Between

question 24

Short Answer

________ plots are often used to explore the relationship between two or three variables (in 2-D or 2-D visuals).

---

Definitions:

Variance

A statistical measure that indicates the dispersion or spread of a set of data points or a probability distribution from its mean or expected value.

Squared Deviations

The squared differences between each data point and the mean, used in statistical analysis to measure variance.

Standard Deviation

A measure of the dispersion or spread of a set of data points relative to its mean, used in statistics to quantify variability.

Efficient Market

A market theory suggesting that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns.