Multiple Choice
Which of the following statements is true about variances?
A) Positive variances (i.e. ,those with a positive sign) are always favorable.
B) Positive variances (i.e. ,those with a positive sign) are always unfavorable.
C) Negative variances (i.e. ,those with a negative sign) are always favorable.
D) There is not necessarily any correlation between the sign of the result (positive or negative) and whether the variance is positive or negative.
Correct Answer:

Verified
Correct Answer:
Verified
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