Which of the following statements is TRUE about variance?
A) Variance describes how spread out a set of numbers or a value is around its mean or average.
B) Variance is essentially the variability from the average.
C) The larger the variance,the greater the dispersion.
D) All of the above statements are true.
Correct Answer:
Verified
Q16: Lila purchased Hampton Industries Inc.stock for $18.35
Q17: One definition of return is: profit (or
Q18: The textbook provides a history of returns
Q19: Finance functions in a two-parameter world of
Q20: Even if there is certainty of future
Q22: The larger the variance,the smaller the dispersion.
Q23: Stocks B,has returns of 5%,15%,30%,and 110%,over the
Q24: Which of the following classifications of securities
Q25: Which of the following classifications of securities
Q26: If you were required to estimate the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents