Business Statistics

Q 211. The average to be used to determine the average size of the shoe sold in a shop is:

(A) Mean
(B) Median
(C) Mode
(D) None of these
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Q 212. From which average, the sum of deviations is zero?

(A) Mean
(B) Median
(C) Mode
(D) None of these
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Q 213. The variate values which divide a series into ten equal parts are called:

(A) Quartiles
(B) Deciles
(C) Percentiles
(D) None of these
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Q 214. For a symmetrical distribution, Q1 and Q3 are 20 and 60 respectively. The value of median will be:

(A) 20
(B) 30
(C) 40
(D) 50
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Q 215. In a moderately skewed distribution, the following equation indicates the relationship among mean, median and mode:

(A) Mean = 2 Mode - 3 Median
(B) Mode = 3 Median – 2 Mean
(C) Median = 3 Mean – 2 Mode
(D) None of these
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Q 216. In a moderately skewed distribution, the value of mean is 16 and that of mode is 25.

(A) 20
(B) 19
(C) 21
(D) None of these
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Q 217. What is the median of 33, 86, 68, 32, 80, 48, 70?

(A) 32
(B) 68
(C) 80
(D) 86
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Q 218. The sum of squared deviations is minimum when taken from:

(A) Mean
(B) Median
(C) Mode
(D) None of these
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Q 219. The sum of absolute deviations is minimum when taken from:

(A) Mean
(B) Median
(C) Mode
(D) None of these
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Q 220. The sum of deviations of observations from their arithmetic mean:

(A) Maximum
(B) Least
(C) Zero
(D) None of these
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