MCQ Chapter 3 Economics Class 11 Maharashtra Board Partition values 1. What is the procedure of dividing data into equal parts called? Averaging Partitioning Grouping SortingQuestion 1 of 202. Which of the following is a type of positional average? Standard Deviation Median Variance RangeQuestion 2 of 203. How many equal parts do quartiles divide the data into? Two Three Four FiveQuestion 3 of 204. Which quartile is equivalent to the median? First Quartile (Q1) Second Quartile (Q2) Third Quartile (Q3) Fourth Quartile (Q4)Question 4 of 205. What is the formula for the first quartile (Q1) in individual data? Size of (n+1)/4th observation Size of n/4th observation Size of (n+1)/2th observation Size of 3(n+1)/4th observationQuestion 5 of 206. How many deciles divide the data into ten equal parts? Eight Nine Ten ElevenQuestion 6 of 207. What is the purpose of using partition values like median and quartiles? To calculate the mean To overcome misinterpretation due to outliers To find the range To determine varianceQuestion 7 of 208. Which partition value divides the data into 100 equal parts? Quartiles Deciles Percentiles MedianQuestion 8 of 209. What is the Mahalanobis distance used for? Measuring central tendency Comparing two datasets Calculating variance Finding the modeQuestion 9 of 2010. On which date is Statistics Day celebrated in India? June 29 July 29 June 30 July 30Question 10 of 2011. In continuous data, what does 'h' represent in the quartile formula? Frequency of the quartile class Cumulative frequency Upper limit - lower limit of the quartile class Total frequencyQuestion 11 of 2012. What is the formula for the third quartile (Q3) in grouped data? Q3 = l + [(3n/4 - cf)/f] × h Q3 = l + [(n/4 - cf)/f] × h Q3 = l + [(n/2 - cf)/f] × h Q3 = l + [(2n/4 - cf)/f] × hQuestion 12 of 2013. For individual data with n = 11, what is the position of Q1? 2nd observation 3rd observation 4th observation 5th observationQuestion 13 of 2014. What is the value of Q1 for the data: 40, 45, 55, 64, 65, 68, 69, 82, 83, 84, 85? 45 55 64 68Question 14 of 2015. What is the value of Q3 for the data: 17, 18, 19, 20, 21, 22, 28, 31, 32, 33? 28 31 32 33Question 15 of 2016. Which partition value is also known as the second quartile? Mean Mode Median MidrangeQuestion 16 of 2017. In economics, what are quartiles used to study? Variance Financial information like income and stock data Correlation RegressionQuestion 17 of 2018. What is the formula for the eighth decile (D8) in individual data? Size of 8(n+1)/10th observation Size of 8n/10th observation Size of 4(n+1)/10th observation Size of n+1/8th observationQuestion 18 of 2019. What is the value of D4 for the data: 7, 8, 9, 10, 11, 12, 13, 14, 15? 9 10 11 12Question 19 of 2020. What is the value of D8 for the data: 11, 12, 13, 14, 15, 16, 17, 18, 19, 20? 18 18.8 19 20Question 20 of 20 Loading...
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