Which is more useful for decision-making variance or


1. Which is more useful for decision-making; variance or standard deviation? Why? What is the relationship between the two?

2. What is the EAR if the APR is 7 percent compounded monthly? Enter answer as 4 decimals (e.g. 0.1234)

3. What is the EAR if the APR is 15 percent compounded daily? Enter answer as 4 decimals (e.g. 0.1234)

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Financial Management: Which is more useful for decision-making variance or
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