When the variance of a probability distribution is $360,000, the standard deviation equals:
A) $600
B) $3,600
C) $180,000
D) $12,000
Correct Answer:
Verified
Q51: The standard deviation measures the degree to
Q52: The frequency with which losses occur and
Q53: When the variance of a probability distribution
Q54: A Risk Manager needs more information than
Q55: The confidence interval increases with a larger
Q57: The Risk Charge represents the error arising
Q58: When a probability distribution of a variable
Q59: Why does a risk manager typically focus
Q60: The variance is independent of the shape
Q61: Explain why the standard deviation represents risk.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents