Top 150+ Solved Business Statistics MCQ Questions Answer
Q. The degree to which numerical data tend to spread about an average value called:
a. Constant
b. Flatness
c. Variation
d. Skewness
Q. If all the scores on examination cluster around the mean, the dispersion is said to be:
a. Small
b. Large
c. Normal
d. Symmetrical
Q. If there are many extreme scores on all examination, the dispersion is:
a. Large
b. Small
c. Normal
d. Symmetric
Q. Given below the four sets of observations. Which set has the minimum variation?
a. 46, 48, 50, 52, 54
b. 30, 40, 50, 60, 70
c. 40, 50, 60, 70, 80
d. 48, 49, 50, 51, 52
Q. Which of the following is an absolute measure of dispersion?
a. Coefficient of variation
b. Coefficient of dispersion
c. Standard deviation
d. Coefficient of skewness
Q. The measure of dispersion which uses only two observations is called:
a. Mean
b. Median
c. Range
d. Coefficient of variation
Q. The measure of dispersion which uses only two observations is called:
a. Range
b. Quartile deviation
c. Mean deviation
d. Standard deviation
Q. In quality control of manufactured items, the most common measure of dispersion is:
a. Range
b. Average deviation
c. Standard deviation
d. Quartile deviation
Q. Half of the difference between upper and lower quartiles is called:
a. Interquartile range
b. Quartile deviation
c. Mean deviation
d. Standard deviation