Explain the meaning of the variance of a random variable. What are possible uses of the variance?

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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Question Posted: Jun 03, 2015 05:45 AM

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Explain the meaning of the variance of a random variable. What are possible uses of the variance?

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The variance is a measure of the spread or uncer...View the full answer

Complete Business Statistics

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