The Variance Is Defined as The

Multiple Choice

The variance is defined as the:

A) Average difference between the average return and the actual return.
B) Square of the average return minus the square of the actual return.
C) Squared difference between the rates of return from one year to that of the following year.
D) Average squared difference between the actual return and the average return.
E) Average number of times an asset's rate of return falls within a specified range.