Measures of Central Tendency MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Measures of Central Tendency, a fundamental topic in the field of Business Statistics. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Measures of Central Tendency MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Measures of Central Tendency mcq questions that explore various aspects of Measures of Central Tendency problems. Each MCQ is crafted to challenge your understanding of Measures of Central Tendency principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Business Statistics tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Measures of Central Tendency MCQs are your pathway to success in mastering this essential Business Statistics topic.

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Measures of Central Tendency MCQs | Page 5 of 8

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Q41.
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

a.

50, 150

b.

5, 150

c.

25, 70

d.

150

Discuss
Answer: (b).5, 150
Q42.
When the data is arranged, the middle value in the set of observations is classified as

a.

median

b.

mean

c.

variance

d.

standard deviation

Discuss
Answer: (a).median
Q43.
If the frequencies widely varies between different classes, then the measure of central tendency must be used is

a.

non-paired arithmetic mean

b.

square of arithmetic mean

c.

weighted arithmetic mean

d.

paired arithmetic mean

Discuss
Answer: (c).weighted arithmetic mean
Q44.
The measure of central tendency which represents over time multiplicative effects for inflation and compound interest is considered as

a.

deviation square mean

b.

paired mean

c.

geometric mean

d.

harmonic mean

Discuss
Answer: (c).geometric mean
Q45.
Around the central value of observations, the extent to which the values depart from normal distribution is classified as

a.

negative variation

b.

positive variation

c.

skewness

d.

positive trailing

Discuss
Answer: (c).skewness
Q46.
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

a.

$11.75

b.

$10.75

c.

$9.75

d.

$8.75

Discuss
Answer: (d).$8.75
Q47.
In the measure of central tendency, the population parameter is denoted by

a.

Greek letter μ

b.

roman letter μ

c.

Athens letter μ

d.

roman letter x̅

Discuss
Answer: (a).Greek letter μ
Q48.
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

a.

647.67

b.

947.67

c.

847.67

d.

747.67

Discuss
Answer: (d).747.67
Q49.
The number of observations are 24 and value of x̅ is 28 then the sum of all the values is

a.

−4

b.

40000%

c.

52

d.

672

Discuss
Answer: (d).672
Q50.
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

a.

3.8

b.

4.5

c.

4

d.

4.75

Discuss
Answer: (d).4.75
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