Question
a.
sum of multiples of other quantity
b.
sum of deviations from other quantity
c.
sum of squares from other quantity
d.
cumulative frequency from other quantity
Posted under Business Statistics
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. Considering all the observations of arithmetic mean, the sum of squares of deviations must be less than
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. In a set of observations, the unusual lower and higher values are called
View solution
Q. In the quartiles, the central tendency median to be measured must lie in
View solution
Q. The arithmetic mean is 12 and the number of observations are 20 then the sum of all the values is
View solution
Q. The method used to compute average or central value of the collected data is considered as
View solution
Q. The mean or average used to measure central tendency is called
View solution
Q. If the mean of percentages, rates and ratios is to be calculated then the central tendency measure which must be used in this situation is
View solution
Q. At a grocery store, the number of per day sold processed fruits cans in 15 days are 50, 70, 60, 40, 30, 20, 5, 150, 55, 75, 65, 45, 35, 25, 52 then the outliers in observations are
View solution
Q. When the data is arranged, the middle value in the set of observations is classified as
View solution
Q. If the frequencies widely varies between different classes, then the measure of central tendency must be used is
View solution
Q. The measure of central tendency which represents over time multiplicative effects for inflation and compound interest is considered as
View solution
Q. Around the central value of observations, the extent to which the values depart from normal distribution is classified as
View solution
Q. The product W has per unit contribution of 8 with sold quantity of 124 units, the product X has per unit contribution of 5 with the sold quantity of 105 units, product Y has per unit contribution of 9 with sold quantity of 135 units, product Z has per unit contribution of 12 with sold quantity of 140 units then the weighted average mean is
View solution
Q. In the measure of central tendency, the population parameter is denoted by
View solution
Q. The per day wage of 15 employees of different departments is as 620, 640, 750, 850, 650, 720, 730, 785, 630, 740, 900, 880, 780, 690, 850 then the value of x̅ is
View solution
Q. The number of observations are 24 and value of x̅ is 28 then the sum of all the values is
View solution
Q. The service time (in minutes) at airport ticket counter is as 4.5, 5.5, 6, 7, 8, 8.5, 4, 3, 3.5, 2.5, 3.8 then the median of the data is
View solution
Q. In an hospital in Boston (USA), the number of heart patients who visited cardiologist in 17 days are 11, 12, 15, 18, 17, 12, 14, 15, 16, 17, 18, 13, 19, 14, 18, 13, 20
View solution
Q. The marks of Cambridge univerdity students in mathematics test out of 20 are 18, 17, 16, 15, 14, 17, 16, 14, 13, 12, 12, 11, 14, 19, 18
View solution
Q. The type of central tendency measures which divides data set into 100 equal parts is classified as
View solution
Q. The sample stability and ability to be easily understandable are requirements to measure
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond Business Statistics? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!