Q. The measure of dispersion based on all the observations of the series is …………….
✅ Correct Answer: (C)
standard deviation
Quantitative Methods for Economic Analysis 2 MCQs and Notes
Q. The best measure of dispersion is …………….
✅ Correct Answer: (D)
standard deviation
Q. Square of standard deviation of a distribution is the
✅ Correct Answer: (B)
variance
Q. Harmonic Mean is the ………………of arithmetic Mean
✅ Correct Answer: (A)
reciprocal
Q. When Mean = 20 Median = 30, Mode = ?
✅ Correct Answer: (B)
50
Q. Which of the following represents median ?
✅ Correct Answer: (A)
fiftieth percentile
Q. The positionl value which divide the data into 100 equal parts are
✅ Correct Answer: (B)
percentile
Q. Deciles divide the data in to ……………….equal parts.
✅ Correct Answer: (B)
10
Q. Histogram can be used to estimate……………
✅ Correct Answer: (B)
mode
Q. Average is a measure of ………….
✅ Correct Answer: (A)
central tendancy