1. What is variance analysis? How is it used in an entity?
2. Over the past five years, a stock returned 6.2 percent, -10.4 percent, -2.2 percent, 16.9 percent, and 5.8 percent, respectively. What is the variance of these returns?
3. How would a utilitarian view the facts about poverty? What are the implications for our society of the concepts of declining utility of money?