This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
When a constant figure is added to each individual score, what will be the effect on the mean value?1. Mean value will be added by the same figure2. Mean value will be subtracted by the same figure3. Mean value will be multiplied by the same figure4. Mean value will be divided by the same figure |
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Answer» Correct Answer - Option 1 : Mean value will be added by the same figure Arithmetic mean: The arithmetic mean is the most commonly used measure of central tendency. The mean represents the central tendency. It is defined as the sum of the values of all observations divided by the number of observations and is usually denoted by X.
Mean= \({X1 + X2 + X3 +...+ Xn}\over n\).
Hence, we conclude that when a constant figure is added to each individual score, the mean value will be added by the same figure. |
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| 52. |
-- is used whenever the relative importance of the items in a series differs (a)Simple arithmetic mean (b) Weighted arithmetic mean (c)Geometric mean (d)None |
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Answer» Weighted arithmetic mean is used whenever the relative importance of the items in a series differs . |
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| 53. |
Median is a ----- average(a) Mathematical (b) Positional (c) Both (d) None |
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Answer» Median is a Positiona average |
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| 54. |
---- divides the data into 4 equal parts(a) Quartiles (b) Mean (c) Median (d)Range |
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Answer» Quartiles divides the data into 4 equal parts |
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| 55. |
Weighted averages are used in the calculation of (a)death rate (b)birth rate (c)Both (d)None |
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Answer» death rate & birth rate (c)Both |
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| 56. |
--- are known as averages of first order (a) Measures of central tendency (b) Measures of dispersion (c) Averages (d) None |
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Answer» Measures of central tendency are known as averages of first order |
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| 57. |
----- is a geometric method of measuring variability (a) Lorenz Curve (b)Geometric curve (c) Both (d) None |
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Answer» Lorenz Curve is a geometric method of measuring variability |
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| 58. |
Which of the following measures of variability is used when the statistics having the greatest stability is sought?1. Mean Deviation2. Standard Deviation3. Quartile Deviation4. Range |
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Answer» Correct Answer - Option 2 : Standard Deviation Dispersion is the extent to which values in a distribution differ from the average of the distribution. To quantify the extent of the variation, there are certain measures namely:
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| 59. |
Consumer price index numbers are prepared for (a) All people (b) Factor employees (c) Well defined section of people (d) Farmers |
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Answer» (a) All people |
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| 60. |
-- means lack of symmetry (a)Skewness (b) Kurtosis (c) Range (d) None |
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Answer» Skewness means lack of symmetry |
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| 61. |
Co. Efficient of variation is equal to (a) (S.D/Mean)x100 (b)(S.D/Range )x100 (c) (Mean/ S.D)x100 (d)None |
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Answer» Co. Efficient of variation is equal to (S.D/Mean)x100 |
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| 62. |
In Standard deviation , deviations are taken only from ---- values of series(a) Mean (b) Median (c) Mode (d) Variance |
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Answer» In Standard deviation , deviations are taken only from Mean values of series |
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| 63. |
--- is the easiest of all the methods for measuring trend (a) Freehand curve (b) Method of semi average (c) Method of least squres (d) Method of moving curve |
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Answer» Freehand curve is the easiest of all the methods for measuring trend |
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| 64. |
Square of Standard Deviation is known as (a) Range (b) Variance (c) Quartile (d) none |
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Answer» Square of Standard Deviation is known as Variance |
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| 65. |
Variance = ----- (a) (S.D)2 (b)√S.D (c)( S.D) 3(d)1/S.D |
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Answer» Variance = (S.D)2 |
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| 66. |
For comparing variability in scores of 2 Batsman we can use (a) Standard Deviation (b) Mean (c) Coefficient of variation (d) mode |
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Answer» (c) Coefficient of variation |
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| 67. |
---- is used in averaging rates , times etc (a)H.M (b)G.M (c)A.M (d)Mode |
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Answer» H.M is used in averaging rates , times etc |
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| 68. |
--- cannot be computed in the case of open ended distribution(a) Range (b) Mean (c)Both (d) None |
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Answer» Range & Mean (c)Both |
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| 69. |
Standard Deviation was First used by (a)Karl Pearson(b) Horas Secrist (c) Lorance (d) Spearman |
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Answer» Standard Deviation was First used by Karl Pearson |
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| 70. |
Variability in the distribution of earth and income is generally measures in terms of ----- (a) Mean Deviation (b) Quartile Deviation (c) Standard Deviation (d) Variance |
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Answer» Variability in the distribution of earth and income is generally measures in terms of Mean Deviation |
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| 71. |
How to calculate mode |
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Answer» To find the mode, or modal value, it is best to put the numbers in order. Then count how many of each number. A number that appears most often is the mode. |
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| 72. |
Find the median of given observation 5, 6, 11, 23, 4, 8, 20, 21. 12. 73. 84. 4 |
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Answer» Correct Answer - Option 2 : 7 Concept: Median: It is the middle value in the given set, while the set is either in increasing or decreasing order. If the number of observation (n) is odd then median is (n+1)/2th term. If the number of observation (n) is even then the median is average of nth and (n+1)th term. Calculation: Given observation are 5, 6, 11, 23, 4, 8, 20, 2 Increasing order of given data: 2, 4, 5, 6, 8, 11, 20, 23. The number of observation is even. (n = 8) So, the median is theaverage of nth and (n+1)th term or average of 4th and 5th term Median \(= \frac{6+8}{2}\) = 7 |
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| 73. |
Geometric mean is useful in(a) Finding average % increase in sales, production(b) Finding index numbers (c) Both (d) None |
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Answer» Geometric mean is useful in Both |
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| 74. |
-- is useful for computing average rate of increase of profits , average rate of speed , average price ..etc (a) Arithmetic Mean (b) Geometric Mean (c) Harmonic Mean (d) Mode |
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Answer» Harmonic Mean is useful for computing average rate of increase of profits , average rate of speed , average price ..etc |
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| 75. |
Find mode of the following series 2 3 4 3 4 3 5 3 7(a) 3 (b) 4 (c) 5 (d) 2 |
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Answer» 3 mode of the following series 2 3 4 3 4 3 5 3 7 |
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| 76. |
When the distribution is of open end classes which average may appropriate (a) Mean(b) Median (c) Mode (d) None |
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Answer» When the distribution is of open end classes Median may appropriate |
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| 77. |
---- is not affected by extreme items (a) Mean (b) Median (c) Mode (d) All these |
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Answer» Mode is not affected by extreme items |
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| 78. |
--- is the value of item of a series which occurs most frequently (a) Median (b) Mean (c) Mode (d) none |
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Answer» Mode is the value of item of a series which occurs most frequently |
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| 79. |
Which divides the value of a variable into two equal parts? (a) Median(b) Mean (c) Mode (d) All these |
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Answer» Median divides the value of a variable into two equal parts. |
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| 80. |
What is the Mean for the following observation ; 3,4,6,7,10 (a)4 (b) 5(c) 6 (d)9 |
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Answer» 6 for the following observation ; 3,4,6,7,10 |
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| 81. |
--- is the most commonly used measure of central tendency(a) Mean (b) Median (c) Mode (c) None |
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Answer» Mean is the most commonly used measure of central tendency |
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| 82. |
Short cut method for calculating arithmatic mean also known asa. assumed average method b. Assumed variable method c. Assumed mean method d. All of these |
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Answer» Assumed mean method |
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| 83. |
---is a measure of central tendency (a) Mean (b) Median (c) Mode (d) All these |
| Answer» (d) All these. | |
| 84. |
Geometric mean considered to be the best average in the construction of …a.Index numbers b. median c. mode d. quartiles |
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Answer» Geometric mean considered to be the best average in the construction of Index numbers |
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| 85. |
---is a figure that represents the whole group (a) Average (b) Value (c) Data (d) None |
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Answer» Average is a figure that represents the whole group |
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| 86. |
There are equal number of observations on the right and on the left of …value a. mean b. median c. mode d. quartile |
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Answer» There are equal number of observations on the right and on the left of median |
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| 87. |
Statistics is an art as well as (a) Science (b) Average (c) Theory (d) None |
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Answer» Statistics is an art as well as Science |
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| 88. |
The word statistics have been derived from the Latin word – (a) Statistik (b) Status (c)Statista (d)Strata |
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Answer» The word statistics have been derived from the Status |
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| 89. |
Statistics does not deals with (a) Qualitative (b) Quantitative (c) Both (d) None |
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Answer» Statistics does not deals with Qualitative |
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| 90. |
Statistics helps in :(a) Testing (b)Prediction (c) Formulating policies (d)all of these |
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Answer» (d)all of these |
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| 91. |
--- are the eyes of Govt. administration(a) Statistics (b) Economics (c) Politics (d) none |
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Answer» Statistics are the eyes of Govt. administration |
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| 92. |
Modern statistical devices have been made business forecasting more(a)precise and accurate (b)difficult (c) misunderstanding (d)easy |
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Answer» (a)precise and accurate |
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| 93. |
Find the mode for given observations 2, 4, 5, 4, 5, 6, 2, 4, 3, 6, 3.1. 22. 43. 64. 8 |
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Answer» Correct Answer - Option 2 : 4 Concept: Mode: The mode of the set of data is the value that appears most often. For example, Data: 2, 5, 5, 6, 7, 4, 3 Mode = 5
Calculation: We have 2, 4, 5, 4, 5, 6, 2, 4, 3, 6, 3 Clearly, 4 is most occurring in the given observation. So, mode is 4. |
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| 94. |
The mean of 5, 7, 6, 11, x and 13 is 44. Find the value of the observation x.1. 12. 2223. 2644. 6 |
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Answer» Correct Answer - Option 2 : 222 Concept: Mean: It is the sum of all observations upon a number of observations. If x1, x2, x3, …., xn are the observations, then mean is given as \(\rm \bar{X} = \frac{sum\ of\ observations}{number\ of\ observations}\) \(\rm \bar{X}= \frac{x_{1}+x_{2}+...+x_{n}}{n}\) Calculation: We have X̅ = 44 and observations 5, 7, 6, 11, x, 13. So, mean \(\bar{X} = \frac{5+7+6+11+x+13}{6}\) ⇒ 44 × 6 = 42 + x ⇒ x = 222 |
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| 95. |
When first quartile is 10 , third quartile is 20 , value of quartile deviation is (a) 5 (b) 2 (c) 3 (d) 1 |
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Answer» When first quartile is 10 , third quartile is 20 , value of quartile deviation is 5 |
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| 96. |
When the measure of kurtosis is greater than ---- the distribution is leptokurtic(a) 0 (b) 1 (c) 2 (d) 3 |
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Answer» When the measure of kurtosis is greater than 0 the distribution is leptokurtic |
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| 97. |
The arithmetic mean of a variable ‘x’ is denoted by the symbol.a. x2 b. x c.¯xd. ∑ x |
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Answer» The arithmetic mean of a variable ‘x’ is denoted by the ¯x |
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| 98. |
In olden days statistics also called …a. science of soldiers b. science of kings c. science of business man d. science of managers |
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Answer» In olden days statistics also called science of kings. |
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| 99. |
Now a days the use of statistics is extended to various fields such asa. Agriculture b. Economic c. Psychology d. All of these |
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Answer» d. All of these |
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| 100. |
In… sense, statistics refers to numerical statements of facts.a. plural b. singular c. both d. none |
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Answer» In plural sense, statistics refers to numerical statements of facts. |
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