Top 250+ Solved Quantitative Techniques MCQ Questions Answer
Q. Statistical results are all the time:
a. qualitative one
b. an average
c. an exact result
d. an isolated number
Q. Economics cannot be a successful subject without:
a. business
b. commerce
c. statistics
d. management
Q. Difference between highest and lowest value called:
a. standard deviation
b. Mean Deviation
c. Quartile Deviation
d. Range
Q. Statistics deals only with
a. quantitative characteristics
b. qualitative characteristics
c. both (a) and (b)
d. none of the above
Q. Open-end classes are those in which
a. lower limit of the first class and the upper limit of the last class are known
b. lower limit of the first class and the upper limit of the last class are not known
c. only lower limit of the first class are known
d. none of the above
Q. Relationship of mean, median and mode according to Karl Pearson is
a. mode = 2median – 3mean
b. median = 2mode – 2mean
c. mode = 3median – 2 mean
d. none of the above
Q. The sum of the squares of the deviations of the values of a variable is least when the deviations are measured from
a. harmonic mean
b. geometric mean
c. arithmetic mean
d. none of the above
Q. Mean deviation is
a. a relative measures
b. an absolute measures
c. both (a) and (b)
d. none of the above
Q. Interquartile range is the difference between
a. the highest value and the lowest value
b. median and mean
c. the third quartile and the first quartile
d. none of the above