Multi-choice 5 Question 1. Which of the following statements is incorrect? Answers Option 1 Algebraic sum of deviations from arithmetic mean is equal to zero Option 2 For a symmetrical distribution, mean = = mode Option 3 For dealing with qualitative data, median is most suitable Option 4 None of the above Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. Which of the following statements is/are true ? The mean of a series remains unaffected if an observation equal to mean is included in the series. 50th percentile is median. Q1 equals the 25th percentile. A.M. can be calculated for a distribution with open ends. Answers Option 1 II and III Only Option 2 I, II and III Only Option 3 I, II and IV Only Option 4 I and IV Only Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Which of the following is not true ? Answers Option 1 Quartiles divide the series in four parts Option 2 Mean is highly affected by extreme values Option 3 Percentiles are hundred in number Option 4 Median is not affected by extreme observation Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 4. Which of the following statements is/are correct ? Measures of central tendency are called averages of first order. Histogram is used to find mode graphically. If the mean, median and mode of a data set are equal, then the distribution of the data is symmetrical. Median is the point below which 50% of the data items fall. Answers Option 1 All of the four Option 2 I, II and III Option 3 III and IV only Option 4 Only I and IV Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Which of the following is not correct ? Answers Option 1 The arithmetic mean of the first N natural numbers is Option 2 If for a symmetrical distribution. Q1 and Q3 are 20 and 40 respectively, then the value of 50th percentile will be 30 Option 3 First quartile divides the series into two equal parts Option 4 G.M. is used to obtain average exponential rates of growth Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. Which of the following statements is/are correct ? Mode is the value with maximum frequency in the data. Mean is based on all the observations. 75% observations in a distribution are greater than Q3. 80% of observations of a series lie between first and ninth deciles. Answers Option 1 I , II, III and IV Option 2 I and IV Only Option 3 II and IV Only Option 4 I , II and IV Only Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 7. Mean is not used in- Answers Option 1 Calculating per capita income of a country Option 2 Correlation and regression analysis Option 3 Quality control Option 4 Case of open ended class intervals Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 8. If different articles are purchased at different rates by spending equal amount on each article, the average rate of purchase is given by- Answers Option 1 Harmonic mean Option 2 Median Option 3 Geometric mean Option 4 Arithmetic mean Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. In averaging index numbers, which of the following averages is used ? Answers Option 1 G. M Option 2 A.M Option 3 H. M Option 4 Median Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. In compound interest calculations average rate of interest against varying rate of interest is calculated by- Answers Option 1 A. M Option 2 G. M Option 3 H. M Option 4 H. M Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback)
Multi-choice 5 Question 1. Which of the following statements is incorrect? Answers Option 1 Algebraic sum of deviations from arithmetic mean is equal to zero Option 2 For a symmetrical distribution, mean = = mode Option 3 For dealing with qualitative data, median is most suitable Option 4 None of the above Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. Which of the following statements is/are true ? The mean of a series remains unaffected if an observation equal to mean is included in the series. 50th percentile is median. Q1 equals the 25th percentile. A.M. can be calculated for a distribution with open ends. Answers Option 1 II and III Only Option 2 I, II and III Only Option 3 I, II and IV Only Option 4 I and IV Only Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Which of the following is not true ? Answers Option 1 Quartiles divide the series in four parts Option 2 Mean is highly affected by extreme values Option 3 Percentiles are hundred in number Option 4 Median is not affected by extreme observation Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 4. Which of the following statements is/are correct ? Measures of central tendency are called averages of first order. Histogram is used to find mode graphically. If the mean, median and mode of a data set are equal, then the distribution of the data is symmetrical. Median is the point below which 50% of the data items fall. Answers Option 1 All of the four Option 2 I, II and III Option 3 III and IV only Option 4 Only I and IV Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Which of the following is not correct ? Answers Option 1 The arithmetic mean of the first N natural numbers is Option 2 If for a symmetrical distribution. Q1 and Q3 are 20 and 40 respectively, then the value of 50th percentile will be 30 Option 3 First quartile divides the series into two equal parts Option 4 G.M. is used to obtain average exponential rates of growth Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. Which of the following statements is/are correct ? Mode is the value with maximum frequency in the data. Mean is based on all the observations. 75% observations in a distribution are greater than Q3. 80% of observations of a series lie between first and ninth deciles. Answers Option 1 I , II, III and IV Option 2 I and IV Only Option 3 II and IV Only Option 4 I , II and IV Only Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 7. Mean is not used in- Answers Option 1 Calculating per capita income of a country Option 2 Correlation and regression analysis Option 3 Quality control Option 4 Case of open ended class intervals Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 8. If different articles are purchased at different rates by spending equal amount on each article, the average rate of purchase is given by- Answers Option 1 Harmonic mean Option 2 Median Option 3 Geometric mean Option 4 Arithmetic mean Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. In averaging index numbers, which of the following averages is used ? Answers Option 1 G. M Option 2 A.M Option 3 H. M Option 4 Median Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. In compound interest calculations average rate of interest against varying rate of interest is calculated by- Answers Option 1 A. M Option 2 G. M Option 3 H. M Option 4 H. M Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback)
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