Measures of Dispersion MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Measures of Dispersion, 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 Dispersion 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 Dispersion mcq questions that explore various aspects of Measures of Dispersion problems. Each MCQ is crafted to challenge your understanding of Measures of Dispersion 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 Dispersion MCQs are your pathway to success in mastering this essential Business Statistics topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Measures of Dispersion. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Measures of Dispersion knowledge to the test? Let's get started with our carefully curated MCQs!

Measures of Dispersion MCQs | Page 10 of 10

Q91.
In the formula of sample variance the Σ(x-x̅)² is called
Discuss
Answer: (a).total sum of squares
Q92.
The total order processed at courier office for five days are as 10, 6, 8, 7, 9 then total sum of squares is
Discuss
Answer: (c).10
Q93.
The price of gasoline for three days are as 98, 96, 97, 100 then the value of standard deviation with the assumed mean method is
Discuss
Answer: (c).1
Q94.
In terms of mean absolute deviation, the quartile deviation is equal to
Discuss
Answer: (a).5⁄6 M.A.D
Q95.
Considering two projects for investment X and Y, the standard deviation of project A is USD $5650 and standard deviation of project B is 12, 680 then the project that must be selected for investment is
Discuss
Answer: (c).project A
Q96.
If the scatter or dispersion in the distribution is less on each side then this indicates
Discuss
Answer: (a).high uniformity of data
Q97.
The arithmetic mean is multiplied to the coefficient of mean absolute deviation to calculate the
Discuss
Answer: (a).absolute mean deviation
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