Describe how the concept of beta impacts financial decision making

The concept of beta impacts financial decision making by providing information volatility or systematic risk of a security.

The information that provided by the concept of beta would take form in a comparison between your chosen securities with other securities that exist in the market. For investors who prefer low risk but small and steady return, they can use the concept of beta to find out the securities with low level of volatility.

was my answer wrong?

answer; the above statement/question is ( true);