A Variable Is

question 8

Multiple Choice

A variable is:

• A) a measurable quality characteristic
• B) a "good-bad" type characteristic
• C) synonymous with attribute
• D) none of the above

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Definitions:

Variance

A measure of how much a set of numbers differ from their average value.

Dispersion

A statistical measure that describes the spread of values around the mean or average, indicating variability within a data set.

Outcomes

The results or consequences that follow from specific actions, events, or decisions.

Firm-Specific Risk

The risk associated with the unique factors affecting an individual company, separate from market-wide risks.