Standard deviation is the square root of the variance. For the square root of a number to be greater than the number, the number must be between 0 and 1.
Hence, for the standard variation to be greater than the variance, the variance must be between 0 and 1.
Answer: C [0.75]
Let's answer this step-by-step.
First of all, let's estsblish the original price of the commodity as being 100%. Therefore:
Original price of commodity = 100%
Then, when A sold the commodity to B, it was sold at a 10% profit. Therefore:
Price of commidity when A sold to B:
100% x 1.1 = 110%
After that, when B sold it back to A, it was sold at a 10% loss. Therefore:
Price of commodity when B sold to A:
110% x 0.9 = 99%
Hence, A now has 99% of the original value of the commidity.
<u>Correct</u><u> </u><u>question</u><u>:</u><u>-</u>
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<u>LHS</u>





