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Management · Q688

Financial Management

Graduate and Post Graduate · Management · question 688

Q688

An indication in a way that variance of y-variable is explained by x-variable which is shown as

A.
degree of dispersion is one
Answer
B.
degree of dispersion is two
C.
degree of dispersion is three
D.
degree of dispersion is four

Answer: Option A

Solution

Answer: Option A
Solution:
An indication in a way that variance of y-variable is explained by x-variable which is shown as degree of dispersion is one. The measure of dispersion helps us to study the variability of the items. In a statistical sense, dispersion has two meanings: first it measures the variation of the items among themselves, and second, it measures the variation around the average.