Which of the following statements is true about variance?

A) Variance describes how spread out a set of numbers or a value is around its mean or average.
B) Variance is essentially the variability from the average.
C) The larger the variance, the greater the dispersion.
D) All of the above statements are true.

Answer: D

Business

You might also like to view...

What are the three levels of employee involvement?

What will be an ideal response?

Business

Paralanguage conveys emotions

Indicate whether the statement is true or false.

Business