menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Statistics for Business and Economics Study Set 2
  4. Exam
    Exam 5: Discrete Probability Distributions
  5. Question
    Variance Is
Solved

Variance Is

Question 47

Question 47

Multiple Choice

Variance is


A) a measure of the average, or central value of a random variable
B) a measure of the dispersion of a random variable
C) the square root of the standard deviation
D) the sum of the squared deviation of data elements from the mean

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Which of the following is not a

Q42: Two percent of the parts produced by

Q44: A production process produces 2% defective parts.

Q45: The hypergeometric probability distribution is identical to<br>A)the

Q48: An insurance company has determined that each

Q49: An experiment consists of determining the speed

Q50: The probability distribution for the rate of

Q51: Exhibit 5-10<br>The probability distribution for the number

Q52: The expected value of a random variable

Q52: Exhibit 5-11<br>A local bottling company has determined

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines