1. Measures of central tendency for a given set of observations measures
A) The scatterness of the observations
B) The central location of the observations ✓
C) Both (a) and (b)
D) None of these.
CA Foundation Paper 3
Measures of Dispersion, Correlation and Regression MCQ
Chapter 14 • 100 Questions from ICAI Study Material
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100
Est. Time
75 min
Source
ICAI Book
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Sample Questions: Measures of Dispersion, Correlation and Regression
Preview 8 of 100 MCQs from Chapter 14
2. While computing the AM from a grouped frequency distribution, we assume that
A) The classes are of equal length
B) The classes have equal frequency
C) All the values of a class are equal to the mid-value of that class ✓
D) None of these.
3. Which of the following statements is wrong?
A) Mean is rigidly defined
B) Mean is not affected due to sampling fluctuations ✓
C) Mean has some mathematical properties
D) All these
4. Which of the following statements is true?
A) Usually mean is the best measure of central tendency ✓
B) Usually median is the best measure of central tendency
C) Usually mode is the best measure of central tendency
D) Normally GM is the best measure of central tendency
5. For open-end classification, which of the following is the best measure of central tendency?
A) AM
B) GM
C) Median ✓
D) Mode
6. The presence of extreme observations does not affect
A) AM
B) Median ✓
C) Mode
D) Any of these.
7. In case of an even number of observations which of the following is median?
A) Any of the two middle-most value
B) The simple average of these two middle values ✓
C) The weighted average of these two middle values
D) Any of these
8. The most commonly used measure of central tendency is
A) AM ✓
B) Median
C) Mode
D) Both GM and HM.