The Variance, or Heterogeneity, of the Population Refers to the Standard

question 20

True/False

The variance, or heterogeneity, of the population refers to the standard deviation of the population.

---

Definitions:

Checking Account

A bank account that allows the account holder to make deposits, withdraw cash, and write checks for daily transactions.

Debit Cards

Plastic payment cards that deduct money directly from a consumer's checking account to pay for purchases, different from credit cards that borrow money from a line of credit.

Real Estate Prices

The amount of money required to purchase property, including land and buildings, which can fluctuate based on demand, location, and economic conditions.

Saving And Loan

A financial institution that focuses on accepting savings deposits and making mortgage and other loans.