Podcast
Questions and Answers
What symbol is used to denote standard deviation?
What symbol is used to denote standard deviation?
- 'σ' (correct)
- 'λ'
- 'δ'
- 'μ'
How is standard deviation calculated?
How is standard deviation calculated?
- It is the square root of variance (correct)
- It is the average of all data points
- It is the median of all data points
- It is the sum of all data points
What does a minimal standard deviation indicate?
What does a minimal standard deviation indicate?
- High variability among values
- High risk
- High security (correct)
- High scattering of data points
When is the standard deviation considered to be zero?
When is the standard deviation considered to be zero?
How is variance calculated?
How is variance calculated?
Why is standard deviation an important statistical tool in finance and investment?
Why is standard deviation an important statistical tool in finance and investment?
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