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 6 of 10

Q51.
The formula in which Σ(x-x̅)² is divided by one less than number of observations in sample is classified as
Discuss
Answer: (c).sample variance
Q52.
The formula written as quartile deviation divided by sum of third and first quartile is used to calculate
Discuss
Answer: (a).coefficient of quartile deviation
Q53.
The standard deviation of first 50 natural numbers is
Discuss
Answer: (b).14.43
Q54.
The standard deviation of population is denoted by
Discuss
Answer: (c).σ
Q55.
The output of 20 workers in hand made pot painting store is as 55, 65, 62, 60, 74, 75, 65, 70, 70, 72, 67, 78, 79, 80, 68, 54, 56, 63, 69, 71 then the coefficient of range is
Discuss
Answer: (b).0.19
Q56.
If the arithmetic mean is 78 and coefficient of variation is 12.3% then the standard deviation is
Discuss
Answer: (b).9.594
Q57.
The value of first quartile is 23 and the inter quartile range is 20 then the value of third quartile is
Discuss
Answer: (c).43
Q58.
The measurement of inequality in wealth and income distribution is measured with the help of
Discuss
Answer: (d).measurement of variability
Q59.
The sum of squared deviation of sample mean is 48 and total number of observation is 13 then the population variance is
Discuss
Answer: (d).4
Q60.
The sum of observations is 12 and coefficient of absolute mean deviation is 18 then value of mean absolute deviation is
Discuss
Answer: (c).216
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