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Consider the following statements: 1 B...

Consider the following statements:
1 Both variance and standard deviaiton are measures of variability in the population.
2. Standard deviation is the square of the variance.
Which of the above statements is/are correct?

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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AI Generated Solution

The correct Answer is:
To analyze the statements provided in the question, we will evaluate each statement one by one. ### Step 1: Evaluate the first statement The first statement claims that "Both variance and standard deviation are measures of variability in the population." - **Variance** is defined as the average of the squared differences from the mean. It quantifies how much the values in a dataset differ from the mean. - **Standard deviation** is the square root of the variance. It also measures the amount of variation or dispersion in a set of values. Since both variance and standard deviation are indeed measures of variability, the first statement is **true**. ### Step 2: Evaluate the second statement The second statement claims that "Standard deviation is the square of the variance." - As mentioned earlier, standard deviation is not the square of the variance; rather, it is the square root of the variance. Thus, the second statement is **false**. ### Conclusion Based on the evaluations: - The first statement is **true**. - The second statement is **false**. Therefore, the correct answer is that only the first statement is correct. ### Final Answer Only the first statement is correct. ---

To analyze the statements provided in the question, we will evaluate each statement one by one. ### Step 1: Evaluate the first statement The first statement claims that "Both variance and standard deviation are measures of variability in the population." - **Variance** is defined as the average of the squared differences from the mean. It quantifies how much the values in a dataset differ from the mean. - **Standard deviation** is the square root of the variance. It also measures the amount of variation or dispersion in a set of values. ...
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