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)
- Multi-Channel Inventory Management: Strategies, Tools, and Best Practices for Success - March 26, 2025
- Channel Management: Strategies, Best Practices, and Importance for Business Growth - March 25, 2025
- Benefits of Telecom Expense Management – 8 Major Benefits Explained | Telecom Management - March 21, 2025