This quiz works best with JavaScript enabled. Home > Cbse > Class 11 > Commerce > Economics Statistics For Economics > Class 11 Economics (Statistics For Economics) Chapter 6 Measures Of Dispersion – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Economics (Statistics For Economics) Chapter 6 Measures Of Dispersion Quiz 2 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Find the lower quartile of the following set of scores. 12, 9, 4, 6, 5, 8, 9, 4, 10, 2 A) 10. B) 9. C) 6. D) 4. Show Answer Correct Answer: D) 4. 2. If each item is reduced by 10, Range is A) Increased by 10. B) Decreased by 10. C) Unchanged. D) None of these. Show Answer Correct Answer: C) Unchanged. 3. If the data is skewed to the right, which measure of central tendency would best to describe the data? A) Mean. B) Variance. C) Mode. D) Median. Show Answer Correct Answer: D) Median. 4. What is the sample median and IQR for the following data:15, 21, 24, 16, 71, 18 A) Median 27.5, IQR 10. B) Median 19.5, IQR 21.6. C) Median 19.5, IQR 8. D) Median 27.5, IQR = 21.6. Show Answer Correct Answer: C) Median 19.5, IQR 8. 5. A(n) ..... of a data set is much greater or much less than the other data values. A) Outlier. B) Median. C) Mode. D) Mean. Show Answer Correct Answer: A) Outlier. 6. What is the most simple measure of variability? A) Range. B) Inter-quartile range. C) Variance. D) Standard deviation. Show Answer Correct Answer: A) Range. 7. The relative measure of dispersion is ..... A) Range. B) Standard Deviation. C) Coefficient of variation. D) Variance. Show Answer Correct Answer: C) Coefficient of variation. 8. Which set of data has the largest range? A) 36, 49, 55, 38, 58, 42. B) 64, 48, 50, 46, 44, 62. C) 23, 20, 44, 26, 45, 39. D) 30, 24, 40, 25, 22, 34. Show Answer Correct Answer: C) 23, 20, 44, 26, 45, 39. 9. The median and the Mean deviation about the median for following valuesi 3ii 11iii 4iv 7v 5is ..... A) 5 and 2.2. B) 5 and 2.4. C) 5.5 and 0.4. D) 6 and 2.4. Show Answer Correct Answer: A) 5 and 2.2. 10. As x increases, y decreases. A) Negative correlation. B) Correlation coefficient. C) No correlation. D) Positive correlation. Show Answer Correct Answer: A) Negative correlation. 11. Which of the following is least affected by the extreme values of the observation in the data set A) Range. B) Quartile Deviation. C) Mean Absolute Deviation. D) Standart Deviation. Show Answer Correct Answer: B) Quartile Deviation. 12. Which of the following is a characteristic of the mean deviation? A) It can be negative. B) It is always zero. C) It is less sensitive to outliers than standard deviation. D) It is calculated using the median. Show Answer Correct Answer: C) It is less sensitive to outliers than standard deviation. 13. Study of scatteredness of observations is known as ..... A) Measure of dispersione. B) B. Standard deviation. C) C. Measure of central tendency. D) D. None of the above. Show Answer Correct Answer: A) Measure of dispersione. 14. If the standard deviation of a data set is 17, then what is the standard deviation of the same data set? A) 289. B) 327. C) 239. D) 196. Show Answer Correct Answer: A) 289. 15. Which of the measures of location is used in computing for the variance of a distribution? A) Mode. B) Mean. C) Median. D) Midrange. Show Answer Correct Answer: B) Mean. 16. Which of the following is true about the mean deviation? A) It is always larger than the standard deviation. B) It can be negative. C) It is calculated using the mode. D) It is less commonly used than standard deviation. Show Answer Correct Answer: D) It is less commonly used than standard deviation. 17. Standard deviation of first 50 natural number is ..... A) 10.43. B) 14.43. C) 16.43. D) A. 12.43. Show Answer Correct Answer: B) 14.43. 18. Given the data:136, 150, 119, 150, 125, 140.Find the upper quartile (Q3). (Hint ..... put the numbers in order and find the median to help you find Q3) A) 143. B) 125. C) 150. D) 139.5. Show Answer Correct Answer: C) 150. 19. What percent of the data values fall within one standard deviation of the mean?16, 28, 6, 19, 21, 15, 22, 33, 17, 12 A) 68%. B) 70%. C) 7%. D) 95%. Show Answer Correct Answer: B) 70%. 20. When labeling the axis for a normal distribution curve, the notation $\sigma$ $\sigma$ A) Omega. B) Delta. C) Lowercase Omega. D) Lowercase Sigma. Show Answer Correct Answer: D) Lowercase Sigma. 21. Find the standard deviation for the following data; 86, 95, 78, 67, and 85. A) 5. B) 10.43. C) 9.33. D) 82.2. Show Answer Correct Answer: C) 9.33. 22. How does standard deviation help in understanding the spread of data? A) Standard deviation measures the central tendency of data. B) Standard deviation indicates the highest value in a dataset. C) Standard deviation shows the frequency of data points. D) Standard deviation helps in understanding the spread of data by quantifying the amount of variation or dispersion from the average. Show Answer Correct Answer: D) Standard deviation helps in understanding the spread of data by quantifying the amount of variation or dispersion from the average. 23. What does the interquartile range (IQR) represent? The spread of the entire dataset. The spread of the middle 50% of the data. The difference between the highest and lowest values. The average deviation of data points from the mean. A) The spread of the middle 50% of the data. B) The average deviation of data points from the mean. C) The difference between the highest and lowest values. D) The spread of the entire dataset. Show Answer Correct Answer: A) The spread of the middle 50% of the data. 24. Given the range is 5, if each data is multiplied with 3, what is the value of new range? A) 15. B) 10. C) 8. D) 5. Show Answer Correct Answer: A) 15. 25. In Calculating Standard Deviation, which of the Measure of central tendency is used A) Mean. B) Median. C) Mode. D) All the above can be used. Show Answer Correct Answer: A) Mean. 26. What does the standard deviation indicate? A) The lowest value in the data set. B) The highest value in the data set. C) The spread of data points around the mean. D) The average of the data set. Show Answer Correct Answer: C) The spread of data points around the mean. 27. Explain the concept of quartile deviation and its calculation. A) Quartile deviation = (Q3 + Q1) / 2. B) Quartile deviation = Q3 * Q1. C) Quartile deviation = Q3-Q1. D) Quartile deviation = (Q3-Q1) / 2. Show Answer Correct Answer: D) Quartile deviation = (Q3-Q1) / 2. 28. Min bagi suatu set nombor (p-4), p, (p + 2), 2p, (2p + 3) ialah 10. Hitung nilai p.Mean of a set number (p-4), p, (p + 2), 2p, (2p + 3) is 10. Find the value of p. A) 7. B) 6. C) 8. D) 9. Show Answer Correct Answer: A) 7. 29. To find the interquartile range (IQR) ..... A) Q3-Q1. B) Q2-Q1. C) Q1-Q3. D) Q3-Q2. Show Answer Correct Answer: A) Q3-Q1. 30. The mean and the Mean deviation about the mean for following valuesi 3ii 11iii 4iv 7v 5is ..... A) 5 and 0.24. B) 6 and 2.4. C) 5.5 and 0.4. D) 6.2 and 2.2. Show Answer Correct Answer: B) 6 and 2.4. 31. What does Hakuna Matata mean? A) Bless You. B) Circle of Life. C) No worries. D) Live for the Moment. Show Answer Correct Answer: C) No worries. 32. The positive square root is taken of the population variance then collected measure is transformed into ..... A) Standard root. B) Standard deviation. C) Standard variance. D) Sample variance. Show Answer Correct Answer: B) Standard deviation. 33. Find the mean of the following data.13, 35, 33, 47, 38, 37, 42, 16, 14 A) 31.56. B) 31.55. C) 32.55. D) 30.56. Show Answer Correct Answer: D) 30.56. 34. Given a variance of 64, what is the standard deviation? A) 0. B) 8. C) 6.8. D) 4096. Show Answer Correct Answer: B) 8. 35. The average scores in the test of section A is 36. Section B also gained the same average scores in the same test. However, section A has a standard deviation of 4 while section B has a standard deviation of 1.8. In which section are the scores less dispersed? A) Section A. B) Could not be determined. C) No enough information. D) Section B. Show Answer Correct Answer: D) Section B. 36. Sum of 15 numbers is 1200 while sum of square of the numbers is 381000.Calculate the mean of the numbers. A) 80. B) 82. C) 77. D) 85. Show Answer Correct Answer: A) 80. 37. The definition of Skewness is A) Its the Peakedness of the probability distribution of a Random Variable. B) Its the measure of the asymmetry of the Probability distribution of random variable. C) Its the measure of the Symetry of the Probability distribution of random variable. D) None of the above. Show Answer Correct Answer: B) Its the measure of the asymmetry of the Probability distribution of random variable. 38. Range can be calculated for Open-ended class intervals A) True. B) False. C) Depends on the open ended class intervals. D) None of the above. Show Answer Correct Answer: B) False. 39. Which measure of variation is calculated using measures of position values? A) Range. B) Inter-quartile range. C) Variance. D) Standard deviation. Show Answer Correct Answer: B) Inter-quartile range. 40. Which of the following sets of data has the smallest standard deviation? A) 5, 5, 7, 9, 9. B) 5, 6, 7, 8, 9. C) 12, 18, 20, 23, 25. D) 12, 12, 12, 20, 20. Show Answer Correct Answer: B) 5, 6, 7, 8, 9. 41. The Coefficient of Range, for a data where Max value is 80kg and Minimum value is 20kg is A) 60/100 kg. B) 0.6. C) 80/20 kg. D) =100/60 kg. Show Answer Correct Answer: B) 0.6. 42. ..... expresses the variability of the data in terms of some other value/percentages. A) Absolute Measure. B) Relative Measure. C) Dispersion. D) Central Tendency. Show Answer Correct Answer: B) Relative Measure. 43. ..... is the tool of measure of the variation of the items. A) Mean. B) Dispersion. C) Mode. D) Hypothesis. Show Answer Correct Answer: B) Dispersion. 44. What does the term 'merits and demerits' refer to in statistics? A) Advantages and disadvantages of statistical measures. B) Types of data distributions. C) Methods of data collection. D) Statistical software tools. Show Answer Correct Answer: A) Advantages and disadvantages of statistical measures. 45. Given a standard deviation of 9, what is the variance? A) 3. B) 4.5. C) 81. D) 18. Show Answer Correct Answer: C) 81. 46. The variance of a set of the data is 35. If each value in the set of the data is multiplied by 2, find the new variance. A) 105. B) 140. C) 35. D) 70. Show Answer Correct Answer: B) 140. 47. What is the main advantage of using the range? A) It is easy to compute. B) It considers all data points. C) It is not affected by outliers. D) It provides a detailed view of data distribution. Show Answer Correct Answer: A) It is easy to compute. 48. When 1st quartile=20, 3rd quartile=30:the value of Quartile Deviation is A) 5. B) -5. C) 7. D) 4. Show Answer Correct Answer: A) 5. 49. Which measure is based on all observation? A) Mean Deviation. B) Range. C) Quartile Deviation. D) None of the above. Show Answer Correct Answer: A) Mean Deviation. 50. If two data sets have the same mean, then these sets also have the same standard deviations. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 51. What measure of variation is the square root of the variance? A) Range. B) Inter-quartile range. C) Inter-quartile deviation. D) Standard deviation. Show Answer Correct Answer: D) Standard deviation. 52. Quartile Deviation is called A) Quartile deviation. B) Semi inter-quartile range. C) Coefficient of quartile deviation. D) Quartile range. Show Answer Correct Answer: B) Semi inter-quartile range. 53. What is the 50th percentile of the following student heights:60 in, 75 in, 70 in, 58 in, 62 in A) 70. B) 58. C) 62. D) 75. Show Answer Correct Answer: C) 62. 54. The following are Gold prices for 5 consequtive days, Rs.4392, Rs.4381, Rs.4349, Rs.4395, Rs.4380 then the Range and Coefficient of Range in Gold prices is ..... A) Rs.11 and 0.0017. B) Rs.15 and 0.0017. C) Rs15 and 585. D) Rs.46 and 0.0053. Show Answer Correct Answer: D) Rs.46 and 0.0053. 55. If mean=5, SD=2.6, coefficient of variation is A) 51. B) 52. C) 49. D) 50. Show Answer Correct Answer: B) 52. 56. What measures of position divides the distribution into 4 equal parts? A) Deciles. B) Range. C) Percentiles. D) Quartiles. Show Answer Correct Answer: D) Quartiles. 57. As x increases, y increases A) Negative correlation. B) Correlation coefficient. C) Positive correlation. D) Causation. Show Answer Correct Answer: C) Positive correlation. 58. The distribution with zero excess Kurtosis is called A) Mesokurtic. B) Platykurtic. C) Leptokurtic. D) Positive Skewness. Show Answer Correct Answer: A) Mesokurtic. 59. The variance of a set of positive numbers p, (p-5), (p-2), (p-3) and (2p-5) is 5.84. Calculate the value of p. A) 5. B) 7. C) 8. D) 6. Show Answer Correct Answer: B) 7. 60. Which of the following is a merit of using the coefficient of variation? A) It is not affected by outliers. B) It is always a whole number. C) It allows comparison between different data sets. D) It is easy to calculate. Show Answer Correct Answer: C) It allows comparison between different data sets. ← PreviousNext →Related QuizzesCommerce QuizzesClass 11 QuizzesClass 11 Economics (Statistics For Economics) Chapter 6 Measures Of Dispersion Quiz 1Class 11 Economics (Statistics For Economics) Chapter 6 Measures Of Dispersion Quiz 3Class 11 Economics (Statistics For Economics) Chapter 1 Introduction QuizClass 11 Economics (Statistics For Economics) Chapter 2 Collection Of Data QuizClass 11 Economics (Statistics For Economics) Chapter 3 Organisation Of Data QuizClass 11 Economics (Statistics For Economics) Chapter 4 Presentation Of Data QuizClass 11 Economics (Statistics For Economics) Chapter 5 Measures Of Central Tendency QuizClass 11 Economics (Statistics For Economics) Chapter 7 Correlation Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books