Which of the following distributions will definitely have Mean < Median < Mode? MCQ with Answer and Explanation
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Question #1
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If (AB) = 0, the attributes A and B are:
Correct Answer: Option A
Explanation:
(AB)=0 means no object possesses both A and B, indicating perfect negative association (complete disassociation).
(AB)=0 means no object possesses both A and B, indicating perfect negative association (complete disassociation).
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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The weights used in the construction of the Wholesale Price Index (WPI) in India are based on:
Correct Answer: Option C
Explanation:
WPI weights reflect the total value of commodities transacted in the domestic wholesale market.
WPI weights reflect the total value of commodities transacted in the domestic wholesale market.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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If the mean of a data set is 50 and the coefficient of variation is 20%, the standard deviation is:
Correct Answer: Option C
Explanation:
CV = (SD/mean)×100 ⇒ 20 = (SD/50)×100 ⇒ SD = 10.
CV = (SD/mean)×100 ⇒ 20 = (SD/50)×100 ⇒ SD = 10.
This question belongs to:
Accountancy and Statistics
Statistics
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