Q. The 75th percentile is
✅ Correct Answer: (A)
greater than d6
Quantitative Methods for Economic Analysis 2 MCQs and Notes
Q. The best measure of central tendency is …………….
✅ Correct Answer: (A)
arithmetic mean
Q. The sum of squares of deviations from arithmetic mean is ………
✅ Correct Answer: (B)
minimum
Q. The sum of deviations taken from arithmetic Mean is
✅ Correct Answer: (C)
zero
Q. For dealing with qualitative data, the best average is …………..
✅ Correct Answer: (D)
median
Q. Which of the following is the most unstable average ?
✅ Correct Answer: (A)
mode
Q. Which average is affected most by extreme observations
✅ Correct Answer: (C)
geometric mean
Q. Median is the average suited for ……………classes
✅ Correct Answer: (A)
open-end
Q. Media is same as ………………..guartile
✅ Correct Answer: (B)
second
Q. With the help of histogram we can prepare
✅ Correct Answer: (C)
both