Variability is defined as

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    the range of possible outcomes over several time periods.
     the difference between the expected value and the actual value of the outcome.
     the extent to which the possible payoffs vary in their actual outcomes.
     the difference between the highest and the lowest value of the possible outcomes.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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the extent to which the possible payoffs vary in their actual outcomes.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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