( Best 225+ ) Business Statistics MCQ

by Mr. DJ

Business Statistics MCQ

Table of Contents

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Business Statistics MCQ

Business Statistics MCQ

32. In a moderately skewed distribution, the value of mean is 16 and that of mode is 25.

A. 20

B. 19

C. 21

D. None of these

33. In a moderately skewed distribution, the following equation indicates the relationship among mean, median and mode:

A. Mean = 2 Mode – 3 Median

B. Mode = 3 Median – 2 Mean

C. Median = 3 Mean – 2 Mode

D. None of these

34. For a symmetrical distribution, Q1 and Q3 are 20 and 60 respectively. The value of median
will be:

A. 20

B. 30

C. 40

D. 50

35. The variate values which divide a series into ten equal parts are called:

A. Quartiles

B. Deciles

C. Percentiles

D. None of these

36. From which average, the sum of deviations is zero?

A. Mean

B. Median

C. Mode

D. None of these

37. The average to be used to determine the average size of the shoe sold in a shop is:

A. Mean

B. Median

C. Mode

D. None of these

38. Find the Mode of 5, 3, 27, 5, 9, 3, 8, 5:

A. 5

B. 27

C. 9

D. 3

39. In a moderately asymmetrical distribution, the value of mean is 75 and the value of mode is 60:

A. 75

B. 70

C. 85

D. 80

40. Given Mean = 70.2 and mode = 70.5. Find the median using empirical relationship among
them.

A. 120

B. 150

C. 180

D. 300

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