IFoA Exam IFoA_CAA_M0 Topic 9 Question 31 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 31
Topic #: 9

Define the standard deviation of a finite data set.

AThe standard deviation is the sum of the difference between each data point and its expected value.

BThe standard deviation is the product of the difference between each data point and its expected value.

CThe standard deviation is the square root of the product of the squared difference between each data point and its expected value.

DThe standard deviation is the square root of the average of the squared difference between each data point and its expected value.

Show Suggested Answer

Suggested Answer: D

by Arlene at May 06, 2022, 06:00 AM

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