Measures of Dispersion - Class XI Economics Quiz
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1. What is the primary purpose of measures of dispersion?
To summarize data · To show variability in data · To calculate averages · To determine relationships
2. Which of the following is NOT a measure of dispersion?
Range · Variance · Mean · Standard Deviation
3. What does a high value of standard deviation indicate?
Low variability · High variability · No variability · Constant data
4. If the range of a dataset is 20, what does this signify?
The data is highly concentrated · The data is widely spread · The data has no variation · The data is perfectly uniform
5. Which measure of dispersion is calculated as the difference between the highest and lowest values?
Variance · Standard Deviation · Range · Interquartile Range
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