Multiple Choice
Which of these statements describes the difference between variance and standard deviation?
A) Variance is an indicator of dispersion; standard deviation is an indicator of central tendency.
B) Standard deviations are more affected by outlying values than are variances.
C) Standard deviations are always smaller than variances when variance >1.
D) There are no differences: the terms are synonyms.
Correct Answer:

Verified
Correct Answer:
Verified
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