Q. Standard deviation is always computed from
✅ Correct Answer: (A)
Mean
Business Statistics MCQs and Notes
Q. The coefficient of variation cannot be meaningfully used to compare the variability of two or more sets of data, when
✅ Correct Answer: (C)
The mean is zero for one or more sets of data
Q. For a symmetrical distribution Q1=25, Q3=45, the median is
✅ Correct Answer: (C)
35
Q. Following are the Relative measures of dispersion except
✅ Correct Answer: (B)
Standard deviation
Q. The degree of peaked ness or flatness of a unimodal distribution is called:
✅ Correct Answer: (B)
Kurtosis
Q. If the values of mean, median and mode coincide in a unimodal distribution, then the distribution will be:
✅ Correct Answer: (B)
Symmetrical
Q. In order to compare two series we can use
✅ Correct Answer: (A)
Coefficient of Variation
Q. The standard deviation is independent of:
✅ Correct Answer: (B)
Change of origin
Q. Which of the following is a unit free measure of dispersion:
✅ Correct Answer: (D)
Coefficient of range
Q. The mean deviation is minimum when deviations are taken from:
✅ Correct Answer: (B)
Median