Which Is Not a Characteristic of the Standard Deviation

question 146

Multiple Choice

Which is not a characteristic of the standard deviation?

• A)It is always the square root of the variance.
• B)It is not applicable when data are continuous.
• C)It can be calculated when the data contain negative or zero values.
• D)Its physical interpretation is not as easy as the MAD.

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Definitions:

Activity-Based Costing

A method of allocating costs to products and services based on the activities they require.

Activity Cost Pools

Groups of costs categorized based on the activities that incur the cost, used in activity-based costing.

Machine-Hours

A measure used in accounting to allocate manufacturing overhead costs to each unit of production, representing the number of hours a machine is operated.

Batches

Quantities of goods or materials processed or produced at one time during manufacturing.