STATS_FINTECH3_MCOM1

The averages are affected by change of

• Origin
• Scale
• Origin and Scale
• ALL

When the values in a series are not of equal importance, we calculate the

• Arithmetic mean
• Geometric mean
• Weighted mean
• Mode

A data set may have no mode, one mode, or multiple modes.

• True
• False
• Can't Say
• Both

Which partition value divides the series into two equal parts.

• P10
• P5
• P50
• P90

The sum of the squares of the deviations of the variable is when taken about arithmetic mean

• Maximum
• Zero
• Minimum
• None

The suitable average for averaging the shoe sizes for children is

• Mean
• Median
• Mode
• Geomatric Mean

The measurements of spread or scatter of the individual values around the central point is called

• Measures of Dispersion
• Measures of Skewness
• Measures of Central Tendency
• Measures of Kurtosis

The smaller the variance the less spread of the data around the mean

• True
• False
• Both
• None

The measures of dispersion can never be

• Positive
• Nagetive
• Zero
• Equal to 2

The mean deviation is minimum when deviations are taken from

• Mean
• Median
• Mode
• None