Q. The measures of dispersion can never be:
✅ Correct Answer: (B)
Negative
Business Statistics MCQs and Notes
Q. The smaller the variance the less spread of the data around the mean
✅ Correct Answer: (A)
True
Q. The measurements of spread or scatter of the individual values around the central point is called:
✅ Correct Answer: (A)
Measures of dispersion
Q. What is the value of the first quartile for observations 15, 18, 10, 20, 23, 28, 12, 16?
✅ Correct Answer: (B)
16
Q. The suitable average for averaging the shoe sizes for children is:
✅ Correct Answer: (C)
Mode
Q. Find the mean of 13,18,13,14,13,16,14,21,13
✅ Correct Answer: (A)
11
Q. A measure of is a single value that attempts to describe a set of data by identifying the central position within that set of
✅ Correct Answer: (C)
Median
Q. What are the method of collecting Primary Data
✅ Correct Answer: (A)
Interview
Q. is data that is collected by a researcher from first-hand sources
✅ Correct Answer: (D)
All of the above
Q. How many type of data are there in Statistics
✅ Correct Answer: (A)
2