The concept of measures of dispersion such as variance of ungrouped data is used to show the data collecting and representation processes in statistical research. This variance in the data gathered ...

The clinical application of the B-type natriuretic peptide (BNP) assay is well established and characterized by excellent sensitivity (acceptably low false negative rate) but less than adequate ...

If the expected return on two projects is the same but the second has a higher variance (or standard deviation), then the first will be preferred. Also, if the variance on the two projects is the same ...

Facilities that focus on manufacturing and production track two kinds of costs: fixed costs and variable costs. The variable costs are those that change when production levels change: raw materials, ...