The standard deviation of a random variable ‘q’. Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Question

Want to see the full answer?

Answer 1

Question

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

The standard deviation of.alt=”f$ar{X},f$ “> is usually called the A.standard error of the sample B.randomized standard error C.standard error of the mean D.standard error of the population

(i) Calculate the mean of the probability distribution. (ii) Calculate the variance and standard deviation of this probabilitydistribution.

It's best to add columns for deviation, standard deviation, and squared deviation multiplied by probability.

Answer 2

Question

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Answer 6

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Answer 7

Chapter 5, Problem 9PS

Summary Introduction

To calculate: The standard deviation of a random variable ‘q’.

Introduction: The absolute measurement of the risk is called as standard deviation. It is also calculated by taking the square root of the variance. The standard deviation is used to represent the deviation of observation from the mean value or average value.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 5 - Prob. 1PS Ch. 5 - Prob. 2PS Ch. 5 - Prob. 3PS Ch. 5 - Prob. 4PS Ch. 5 - Prob. 5PS Ch. 5 - Prob. 6PS Ch. 5 - Prob. 7PS Ch. 5 - Prob. 8PS Ch. 5 - Prob. 9PS Ch. 5 - Prob. 10PS

Solution Summary: The author explains how to calculate the standard deviation of a random variable 'q' by taking the square root of the variance.

Want to see the full answer?

Chapter 5 Solutions