Question



The second order movement about means is equal to:

A.

0

B.

1

C.

Standard deviation

D.

Variance

Correct option is D

Explanation:
The "n-th order central moment" of a distribution measures the dispersion of the values about the mean raised to the power of n.
· The first central moment (order 1) is always zero because it’s the mean deviation about the mean.
· The second central moment is defined as:


· This is variance, a key measure of spread in a dataset.Information Booster:
The second-order central moment is commonly referred to as variance, and it quantifies how much the data points deviate from the mean.
· Standard deviation is simply the square root of variance.
· Variance is a fundamental concept in statistics used in descriptive analysis, hypothesis testing, and regression models.

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