Variance is a measure of ________ and the higher the variance, ________.
A)expected profit; the greater the profit
B)risk; the greater the risk
C)standard deviation; greater the standard deviation
D)risk; the lower the risk

Question

Quizplus · Accepted Answer

Variance is a measure of risk, specifically the degree of deviation or spread from the expected value. Therefore, the higher the variance, the greater the risk.

Variance Is a Measure of ________ and the Higher the Variance