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 7 of 10

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Q61.
The shape of frequency distribution constructed in consideration of empirical rule is classified as

a.

bell shaped

b.

tower shape

c.

wing shape

d.

fish shape

Discuss
Answer: (a).bell shaped
Q62.
According to empirical rule, the mean and standard deviation interval that covers approximately 95.45% of data from a frequency distribution is

a.

ฮผ±ฯƒ

b.

2ฮผ±2ฯƒ

c.

3ฮผ±2ฯƒ

d.

ฮผ±2ฯƒ

Discuss
Answer: (d).ฮผ±2ฯƒ
Q63.
The output of 15 workers in hand made leather shoes company is as 50, 65, 70, 55, 62, 74, 75, 65, 70, 78, 79, 80, 68, 72, 67 then the range is

a.

30

b.

80

c.

75

d.

79

Discuss
Answer: (a).30
Q64.
If the scatter or dispersion in the distribution is high on each side then this indicates

a.

outliers of data

b.

low uniformity of data

c.

high uniformity of data

d.

dispersion of data

Discuss
Answer: (b).low uniformity of data
Q65.
The technique used in measures of variations to show the direction of variation in set of observations is classified as

a.

measures of dispersion

b.

measures of statistics

c.

measures of skewness

d.

measures of process

Discuss
Answer: (c).measures of skewness
Q66.
The total revenue (in crores) of five leather goods companies are as two companies have revenues between 10-20, one company has revenue between 20-30 and one company has revenue between 30-40 then the standard deviation is

a.

7.9

b.

4.9

c.

5.9

d.

6.9

Discuss
Answer: (b).4.9
Q67.
In the classes of grouped data such as 10-15, 16-20, 21-25, 26-30 with respective frequencies of each class as 3, 5, 4, 3 then the range is

a.

5

b.

6

c.

15

d.

20

Discuss
Answer: (b).6
Q68.
The measures which considers the mean or median to calculate average deviation does not includes

a.

mean absolute deviation

b.

standard deviation

c.

variance

d.

median deviation

Discuss
Answer: (d).median deviation
Q69.
The variability measuring tool in which the standard deviation is divided by arithmetic mean and multiplied by 100 is classified as

a.

coefficient of variation

b.

coefficient of standard deviation

c.

coefficient of deviation

d.

coefficient of mean

Discuss
Answer: (a).coefficient of variation
Q70.
Considering the set of values, the percentage of values that lies within three standard deviation of population plus population mean is

a.

88.90%

b.

78.90%

c.

68.90%

d.

98.90%

Discuss
Answer: (a).88.90%
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