Business Statistics

81. Which of the following measures of dispersion is independent of the units employed?

  1. Coefficient of variation
  2. Quartile deviation
  3. Standard deviation
  4. Range
Correct answer: (A)
Coefficient of variation

82. The first and second moments about arbitrary constant are -2 and 13 respectively, The standard deviation will be:

  1. -2
  2. 3
  3. 9
  4. 13
Correct answer: (B)
3

83. If the third central is negative, the distribution will be:

  1. Symmetrical
  2. Positively skewed
  3. Negatively skewed
  4. Normal
Correct answer: (C)
Negatively skewed

84. The lack of uniformity or symmetry is called:

  1. Skewness
  2. Dispersion
  3. Kurtosis
  4. Standard deviation
Correct answer: (A)
Skewness

85. If mean=10, median=8 and standard deviation=6, then coefficient of skewness is:

  1. 1
  2. -1
  3. 2/6
  4. 2
Correct answer: (A)
1

86. In a symmetrical distribution Q1 = 20 and median= 30. The value of Q3 is:

  1. 50
  2. 35
  3. 40
  4. 25
Correct answer: (C)
40

87. If there are ten values each equal to 10, then standard deviation of these values is:

  1. 100
  2. 20
  3. 10
  4. 0
Correct answer: (D)
0
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