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Total Questions : 71 | Page 3 of 8 pages
Question 21. In arithmetic mean, the sum of deviations of all the recorded observations must always be
  1.    two
  2.    minus one
  3.    one
  4.    zero
 Discuss Question
Answer: Option D. -> zero
Answer: (d).zero
Question 22. The distribution whose outliers are higher values is considered as
  1.    variable model
  2.    right skewed
  3.    left skewed
  4.    constant model
 Discuss Question
Answer: Option B. -> right skewed
Answer: (b).right skewed
Question 23. The arithmetic mean is 25 and all the sum of observations is 350 then the number of observations are
  1.    25
  2.    70
  3.    14
  4.    75
 Discuss Question
Answer: Option C. -> 14
Answer: (c).14
Question 24. Considering all the observations of arithmetic mean, the sum of squares of deviations must be less than
  1.    sum of multiples of other quantity
  2.    sum of deviations from other quantity
  3.    sum of squares from other quantity
  4.    cumulative frequency from other quantity
 Discuss Question
Answer: Option C. -> sum of squares from other quantity
Answer: (c).sum of squares from other quantity
Question 25. In a set of observations, the unusual lower and higher values are called
  1.    outliers
  2.    free liners
  3.    central liners
  4.    median liners
 Discuss Question
Answer: Option A. -> outliers
Answer: (a).outliers
Question 26. The product W has per unit contribution of 8 with sold quantity of 124 units, the product X has per unit contribution of 5 with the sold quantity of 105 units, product Y has per unit contribution of 9 with sold quantity of 135 units, product Z has per unit contribution of 12 with sold quantity of 140 units then the weighted average mean is
  1.    $11.75
  2.    $10.75
  3.    $9.75
  4.    $8.75
 Discuss Question
Answer: Option D. -> $8.75
Answer: (d).$8.75
Question 27. In the measure of central tendency, the population parameter is denoted by
  1.    Greek letter μ
  2.    roman letter μ
  3.    Athens letter μ
  4.    roman letter x̅
 Discuss Question
Answer: Option A. -> Greek letter μ
Answer: (a).Greek letter μ
Question 28. The service time (in minutes) at airport ticket counter is as 4.5, 5.5, 6, 7, 8, 8.5, 4, 3, 3.5, 2.5, 3.8 then the median of the data is
  1.    3.8
  2.    4.5
  3.    4
  4.    4.75
 Discuss Question
Answer: Option D. -> 4.75
Answer: (d).4.75
Question 29. The per day wage of 15 employees of different departments is as 620, 640, 750, 850, 650, 720, 730, 785, 630, 740, 900, 880, 780, 690, 850 then the value of x̅ is
  1.    647.67
  2.    947.67
  3.    847.67
  4.    747.67
 Discuss Question
Answer: Option D. -> 747.67
Answer: (d).747.67
Question 30. The number of observations are 24 and value of x̅ is 28 then the sum of all the values is
  1.    −4
  2.    40000%
  3.    52
  4.    672
 Discuss Question
Answer: Option D. -> 672
Answer: (d).672

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