Why is the standard deviation used more frequently than the variance?
Options
A. The units of variance are squared. Its units are meaningless.
B. The standard deviation is easier to compute.
C. The standard deviation requires less entries from the data set.
[bg_collapse_level2 view=”button-orange” color=”#4a4949″ expand_text=”Show Answer ” collapse_text=”Hide Answer” ]
A. The units of variance are squared. Its units are meaningless.
[/bg_collapse_level2]
(Founder of Management Notes)
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
Latest posts by Smirti (see all)
- As part of the consent process, the federal regulations require researchers to: - September 8, 2024
- Concept and Nature of Intellectual Property Rights – Explained in Detail | Business Law - January 30, 2024
- Management Information Systems Online Degree – Courses, Colleges, and Careers in MIS - January 16, 2024