Tag: histograms and frequency distribution diagrams

Questions Related to histograms and frequency distribution diagrams

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

Find the quartile deviation of $4, 6, 9, 12, 18, 20, 23, 27, 34, 48$ and $53$

  1. $12.5$
  2. $13$
  3. $12$
  4. $11.5$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Given series of numbers is already arranged in ascending order.
Thus median is the centre value $ = 20 $
First Quartile $ {Q} _{1} $ will be the mid value of the observations to the left of $ 20 $ which is $ 9 $. 
Similarly, Third Quartile $ {Q} _{3} $ will be the mid value of the observations to the right of $ 20 $ which is $ 34 $.
And Quartile deviation will be $ \dfrac {{Q} _{3} - {Q} _{1}}{2} = \dfrac {34-9}{2} = \dfrac {25}{2} = 12.5 $.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

For a series the value of mean deviation is 15.The most likely value of its quartile deviation is 

  1. 12.5

  2. 11.6

  3. 13

  4. 9.7

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

use:  M.D.$=\displaystyle \frac{4}{4}\sigma ,Q.D=\frac{2}{3}\sigma $ $\displaystyle \Rightarrow \frac{M.D.}{Q.D}=\frac{6}{5}\Rightarrow Q.D.=\frac{5}{6}\left ( M.D. \right )$


$MD=\frac { 4 }{ 5 } \times \sigma \quad ,\quad QD=\frac { 2 }{ 3 } \times \sigma \quad ,\quad \ \frac { MD }{ QD } =\frac { 6 }{ 5 } ,\quad QD\quad =\quad \frac { 5\times 15 }{ 6 } =12.5$

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

If the lower and upper quartiles of a data are 4 and
12 then the quartile deviation is_____

  1. 2

  2. 4

  3. 6

  4. 8

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Lower Quartile $ {Q} _{1} = 4 $

Upper Quartile $ {Q} _{3} = 12 $

And Quartile deviation will be $ \frac {{Q} _{3} - {Q} _{1}}{2} = \frac {12-4}{2} = \frac {8}{2} = 4 $

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

Which one of the following is not a measure of dispersion?

  1. Quartile

  2. Range

  3. Mean Deviation

  4. Standard Deviation

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Range, mean deviation, and standard deviation are all measures of dispersion (spread). A quartile is a partition value, not a measure of dispersion itself.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

For a grouped date, the formula for median is based on _______.

  1. interpolation method

  2. extrapolation method

  3. trial and error

  4. iterative method

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

For grouped data, the median is calculated using an interpolation formula based on the median class interval.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

Value of each sample observation is decreased by $25$, the range of the sample observation will ____________.

  1. increase by $25$
  2. remain same

  3. decrease by $25$
  4. increase by $2$ times
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Range is the difference between the maximum and minimum values. If every value is decreased by 25, both the maximum and minimum decrease by 25, so the difference (max - min) remains unchanged.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

The range from the following observations is 
$10, 18, 20, 28, 15, 17, 22, 25, 29, 32, 34$

  1. $24$
  2. $20$
  3. $30$
  4. $42$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Range is defined as the difference between the highest(or largest ) and lowest(or smallest) observed value in a series. It is the most simple and commonly understandable measures of dispersion.

Range = H - L 
In the given series, H= 34 and L+ 10 
Range = 34-10 = 24.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

From the following detail find out coefficient of Quartile Deviation.
$3=64,Q1=50$

  1. $12.11$%
  2. $12.28$%
  3. $13.50$%
  4. $12.08$%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The coefficient of quartile deviation is calculated as (Q3 - Q1) / (Q3 + Q1). Given Q3 = 64 and Q1 = 50, the calculation is (64 - 50) / (64 + 50) = 14 / 114, which is approximately 0.1228 or 12.28%.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

The $Q _3$ for the following distribution is

X 2 3 4 5 6 7 8 9 10 11
Y 3 6 9 18 20 14 10 10 7 2


  1. $6$
  2. $5$
  3. $8$
  4. $9$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

To find Q3, calculate the cumulative frequency: 3, 9, 18, 36, 56, 70, 80, 90, 97, 99. The total N is 99, so the 3rd quartile position is 0.75 * (99 + 1) = 75th value, which corresponds to X = 8.

Multiple choice business economics and quantitative methods measures of dispersion and skewness quartile deviation or semi-interquartile range interquartile range histograms and frequency distribution diagrams

The $8th$ decile of the following observations is
$29, 18, 15, 30, 42, 35, 34, 28, 45, 34$

  1. $44.6$
  2. $40.6$
  3. $34.15$
  4. $38.15$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

First, sort the data: 15, 18, 28, 29, 30, 34, 34, 35, 42, 45. The 8th decile (D8) is the 0.8 * (10 + 1) = 8.8th position. Interpolating between the 8th (35) and 9th (42) values: 35 + 0.8 * (42 - 35) = 35 + 5.6 = 40.6.