Some financial theorists consider the variance of the distribution of expected rates of return to be a

Question:

Some financial theorists consider the variance of the of expected rates of return to be a good measure of uncertainty. Discuss the reasoning behind this measure of risk and its purpose.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...