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Topic: Measures of Dispersion (Test 2) : MCQ Exam Type Questions Get Answers MCQ Test Mcqs of All Subject

This document contains 10 multiple choice questions about measures of dispersion. It tests concepts like standard deviation, variance, coefficient of variation, quartile deviation, and the Lorenz curve. For each question, the correct answer and a brief explanation is provided. The questions cover calculating and comparing different statistical measures of dispersion.

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zaheer abbas
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922 views2 pages

Topic: Measures of Dispersion (Test 2) : MCQ Exam Type Questions Get Answers MCQ Test Mcqs of All Subject

This document contains 10 multiple choice questions about measures of dispersion. It tests concepts like standard deviation, variance, coefficient of variation, quartile deviation, and the Lorenz curve. For each question, the correct answer and a brief explanation is provided. The questions cover calculating and comparing different statistical measures of dispersion.

Uploaded by

zaheer abbas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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2/19/2021 Measures of Dispersion - Objective type Online Test Questions and Answers with Solution, Explanation, Solved Problems 2

Topic: Measures of Dispersion (Test 2)

Topic: Measures of Dispersion

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-


economics/)
Q.1
A good dispersion should have following characteristics except
A. It should be rigidly defined
B. It should be simple to understand
C. It should lend itself for algebraic manipulation
D. It should be based on extreme values
Answer : Option D
Explaination / Solution:

It should be based on all the items so as to be more representative of whole series

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.2
Square of standard deviation is called
A. Mean Square Deviation
B. Variance
C. Square Deviation
D. Root-Mean Square Deviation
Answer : Option B
Explaination / Solution:

The Standard Deviation is a measure of how spread out numbers are. Its symbol is σ (the greek letter sigma). The formula is easy: it is the square root of the Variance. So the square
of σ is variance.

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.3
Quartile deviation is calculated by
Q 3 +Q 2
A. 3
Q 3 +Q 2
B. 2
Q 3 −Q 2
C. 2
Q 3 −Q 1
D. 2
Answer : Option D
Explaination / Solution:

Quartile deviation or Semi-interquartile range is one-half the difference between the first and the third quartiles. (QD = Q3-Q1/2)

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.4
A measure of relative dispersion is given by the:
A. Co-efficient of variance
B. Quartile deviation
C. Standard deviation
D. Variance
Answer : Option A
Explaination / Solution:

Relative measures of dispersion, are also known as coefficients of dispersion, are obtained as ratios or percentages. The coefficient of variation (CV) is the ratio of the standard
deviation to the mean (average).

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2/19/2021 Measures of Dispersion - Objective type Online Test Questions and Answers with Solution, Explanation, Solved Problems 2
View Answer Workspace
Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.5
While drawing Lorenz curve zero of X-axis and 100 on Y-axis are joined by a line. This line is known as
A. Line of equal distributions
B. Line of income
C. Line of unemployment
D. None
Answer : Option A
Explaination / Solution:
No Explaination.

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.6
The descriptive measure of dispersion that is based on the concept of a deviation about the mean is
A. Standard Deviation
B. Range
C. Inter quartile range
D. The absolute value of the range
Answer : Option A
Explaination / Solution:

Standard deviation for a given set of observations is defined as root mean square deviation when deviations are taken from mean.

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.7
Calculate coefficients of M.D from Mean
A. 0.42
B. 0.47
C. 0.46
D. 0.45
Answer : Option B
Explaination / Solution:
No Explaination.

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.8
Calculate the standard deviation from the following data.14, 22, 9, 15, 20, 17, 12, 11
A. 2.15
B. 4.15
C. 3.18
D. 4.18
Answer : Option D
Explaination / Solution:
No Explaination.

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.9
If mean and coefficient of variation of a set of data is 10 and 5, then S.D. is
A. 10
B. 15
C. 20
D. 5.0
Answer : Option D
Explaination / Solution:
No Explaination.

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Topic: Measures of Dispersion (http://aptitude.brainkart.com/topic/measures-of-dispersion-162/) Tag: CBSE 11th Economics (http://aptitude.brainkart.com/tag/cbse-11th-
economics/)
Q.10
Lorenz Curve : Used this technique to show
A. equality of wealth and income of a group of people
B. inequality of wealth and income of a group of people
C. unemployment of a group of people
D. employment of a group of people
Answer : Option B
Explaination / Solution:

The Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O Lorenz in 1905 for representing inequality of the wealth
distribution.

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