Using hypothetical data, providing examples explain standard diviation as used in statistics

The financial sector, the standard deviation is a measure of ‘risk’ that is used to calculate the volatility between markets, financial securities, commodities, etc. Lower standard deviation means lower risk and vice versa. Also, the risk is highly correlated with returns, i.e., with low risk comes lower returns.

May consider a group  g=({0,1},+)g=({0,1},+)where  ++  will work as the xor operator like we work in boolean algebra. note here, that ‘00’ and ‘11’ are not the usual 0 and 1 that we work with everyday. the elements are  called  ‘00’ and ‘11’ and  may not mean  zero (nothing) and one (single). ‘00’ is the identity for the given binary operator +, meaning that any element operated with ‘00’ gets us that element itself.  for a set  ss  in  g′g′  having more elements than just  {0,1}{0,1}  the values for  a+b∈sa+b∈s, such that  a∈s,b∈sa∈s,b∈s, have to be first defined, only then can you determine the value of  1+11+1. the answer could possibly have been  22  if oanswer is25,000

Answer your driving test ;