iThe variance is the average squared difference between which of the following? Actual return and average return Actual return and (average return/N - 1) Actual return and the real return Average return and the standard deviation Actual return and the risk-free rate
Variance is given by
Thus variance is the average squared difference between: Actual return (xi) and average return
Hence, the correct answer is the first option showing: Actual return and average return
iThe variance is the average squared difference between which of the following? Actual return and average...
A variance is: Question 6 options: The difference between actual and standard costs or quantities The amount awarded to workers in labor rate disputes The square of the standard deviation of wage rates from their average A settlement with a materials vendor in a price dispute over an account payable for material purchases
What is the main difference between the variance and the standard deviation as measures of variability? standard deviation is variability around the median, whereas variance is variability around the mean standard deviation is squared variability around the mean, whereas variance is in the original units variance is for the population, whereas standard deviation is around the sample mean. variance is squared variability around the mean, whereas standard deviation is in the original units
mula to compute the direct labor rate variance is to calculate the difference between a. Actual Costs + (Actual Hours x Standard Rate) b. Actual Costs - Standard Costs c. (Actual Hours x Standard Rate) - Standard Costs d. Actual Costs - (Actual Hours Standard Rate)
Variance means a. difference between standard or applied amount and actual amount b. actual costs less actual rates c. standard costs less standard rates d. square root of standard deviation 2. Table Manufacturing Company produces one style of tables. The following data pertain to producing one table Planned production/month units (one table) 90 Piece of woods (M) 20 Estimated M price $40 Actual production Quantity purchased (QP) 22 Find actual price (AP) x Assuming that the manager wants the total...
Variable overhead efficiency variance is the difference between the actual overhead rate and the standard overhead rate expected for the units produced. true or false
_ 16. The total manufacturing cost variance is a. the difference between actual costs and standard costs for units produced b. the flexible budget variance plus the time variance c. the difference between planned costs and standard costs for units produced d. None of these choices
The difference between the actual cost of the input and its planned cost is the total budget variance. the usage variance. the price variance. the efficiency variance. the budget variance. 4.5 points Save Answer QUESTION 17 O The labor efficiency variance is calculated by the equation (Standard Hours' Actual Hours) - (Actual Hours 'Standard Rate). (Actual Rate' Actual Hours) - (Standard Rate' Actual Hours). (Actual Hours 'Standard Rate) - (Standard Hours 'Standard Rate). (Standard Hours' Actual Rate) - (Actual
A portfolio has an expected rate of return of 10% and a standard deviation of 29%. The risk-free rate is 2.50%. An investor has the following utility function: U = E(r) - (1/2)A*Variance. Which value of A makes this investor indifferent between the risky portfolio and the risk-free asset?
Which of the following is the difference between the actual cost of materials and the materials cost allowed for the actual level of activity? a.Total materials margin b.Total materials variance c.Total materials regression d.Total materials cost e.None of these choices are correct.
Consider the following information about three stocks: a. If your portfolio is invested 40 percent each in A and B and 20 percent in C, what is the portfolio expected return? The variance? The standard deviation? b.If the expected T-bill is is 3.80 percent, what is the expected premium on the portfolio? c. If the expected inflation rate is 3.50 percent, what are the appropriate and exact expected real returns on the portfolio?What are the approximate and exact expected real...