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.

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Measures of Dispersion MCQs | Page 5 of 10

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Q41.
If in a formula, the mean absolute deviation is numerator and arithmetic mean is denominator then the resultant value is classified as

a.

coefficient of mean deviation

b.

coefficient of absolute quartile deviation

c.

coefficient of quartile range deviation

d.

coefficient of mean absolute deviation

Discuss
Answer: (d).coefficient of mean absolute deviation
Q42.
The technique which implies in statistical process to measure the variation in data is called

a.

measures of dispersion

b.

measures of statistics

c.

measures of process

d.

none of above

Discuss
Answer: (d).none of above
Q43.
If the standard deviation is 5 then quartile deviation is

a.

5

b.

0.334

c.

0.234

d.

0.134

Discuss
Answer: (d).0.134
Q44.
The value of third quartile is 72, second quartile is 52 and the first quartile is 45 then quartile deviation is

a.

13.5

b.

14

c.

16.5

d.

18.5

Discuss
Answer: (a).13.5
Q45.
The undesirable consequences which causes the estimated population variance to appear less as compared to real results are classified as

a.

undesired error

b.

bias

c.

non-calculate error

d.

non-zero error

Discuss
Answer: (b).bias
Q46.
The measuring theorem which helps in determining proportion of observations for specific interval of mean and standard deviation is classified as

a.

Pearson Theorem

b.

Chebyshev's Theorem

c.

sampling theorem

d.

population theorem

Discuss
Answer: (b).Chebyshev's Theorem
Q47.
Considering the individual values of data set, the actual mean must always be

a.

1

b.

−1

c.

0

d.

2

Discuss
Answer: (c).0
Q48.
Considering the set of observations, the percentage of values that lies within population mean plus two standard deviations is

a.

60%

b.

55%

c.

75%

d.

85%

Discuss
Answer: (c).75%
Q49.
The measure of variation which is useful for highly skewed distribution is

a.

inter quartile deviation

b.

quartile deviation

c.

inter quartile range

d.

quartile range

Discuss
Answer: (b).quartile deviation
Q50.
The sum of highest and lowest value is 80 and the coefficient of range is 0.625 then the difference between highest and lowest value is

a.

70

b.

100

c.

150

d.

50

Discuss
Answer: (d).50
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