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