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Which measure is most suitable when some values are more important than others?
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Which measure of central tendency is most appropriate for averaging exchange rates or speed when equal distances are covered?
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A student scores 80 in quizzes (20% weight), 70 in assignments (30% weight), and 90 in the final exam (50% weight). What is the weighted mean score?
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Which measure is used to find the ordinary average of a dataset?
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Which technique is mainly used for prediction?
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Which statistical measure has values between -1 and +1?
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Which measure is the square root of variance?
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A dataset has the values 12, 15, 18, 18, 20, 24. Which statement is correct?
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Which measure of dispersion is calculated as maximum value minus minimum value?
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Which measure is best for finding average speed when equal distances are traveled?
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Which measure identifies the middle value in ordered data?
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A company has annual profits of 50, 60, 70, 80, and 90 thousand rupees. What is the range?
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Which measure shows the average distance of values from the mean?
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Which statistical technique shows whether two variables move together?
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A company records the salaries of employees as 20, 25, 30, 35, and 90 thousand rupees. Which measure of central tendency is least affected by the very high salary of 90?
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If the variance of a dataset increases, what happens to the standard deviation?
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Which measure identifies the most frequent value in a dataset?
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Which measure of dispersion is expressed in the same units as the original data?
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Which measure uses only the maximum and minimum values?
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Which measure is commonly used for average growth rates over time?
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If the lowest value in a dataset is 40 and the midrange is 70, what is the highest value?
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Which of the following business situations is best analyzed using geometric mean?
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Statistical Methods in Data Analytics MCQs
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