Useful for decision-making-variance or standard deviation

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Reference no: EM131985449

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)

Reference no: EM131985449

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