Measures of Central Tendency
Economics · Class 11 · All
Which measure of central tendency can be determined even for qualitative data?
All 14 questions in this quiz
Why are measures of central tendency important in statistics?
- They eliminate the need to collect data.
- They summarize large datasets into a single representative value, making comparison and analysis easier.
- They replace all other statistical measures.
- They are used only in mathematics.
Which statement correctly compares the mean, median, and mode?
- All three are always equal.
- Mean uses all observations, median depends on position, and mode depends on frequency.
- Median uses all observations equally.
- Mode is always larger than the mean.
The arithmetic mean is most appropriate when:
- Data contain many extreme values.
- All observations are numerical and reasonably free from extreme values.
- Data consist only of categories.
- Only the middle observation is required.
Which measure of central tendency is commonly used to determine the most popular product size sold in a store?
- Arithmetic Mean
- Median
- Mode
- Harmonic Mean
Which of the following is a limitation of the arithmetic mean?
- It ignores all observations.
- It is affected by extreme values.
- It cannot be calculated for numerical data.
- It cannot be used in economics.
Which measure of central tendency may have more than one value?
- Arithmetic Mean
- Median
- Mode
- Geometric Mean
Which measure is most suitable for studying income distribution with extremely high incomes?
- Arithmetic Mean
- Median
- Harmonic Mean
- Geometric Mean
Which measure of central tendency uses every observation in the dataset?
- Mode
- Median
- Arithmetic Mean
- None of these
When the number of observations is even, the median is obtained by:
- Taking the first observation
- Taking the last observation
- Calculating the average of the two middle observations
- Finding the most frequent observation
Which measure of central tendency can be determined even for qualitative data?
- Arithmetic Mean
- Median
- Mode
- Geometric Mean
Which measure of central tendency is least affected by extreme values?
- Arithmetic Mean
- Median
- Mode
- Geometric Mean
The arithmetic mean is calculated by:
- Dividing the largest observation by the smallest observation
- Dividing the sum of all observations by the total number of observations
- Finding the most frequent observation
- Finding the middle observation only
Which of the following is not a measure of central tendency?
- Mean
- Median
- Mode
- Range
What is the primary purpose of a measure of central tendency?
- To calculate the total number of observations only
- To represent an entire dataset with a single representative value
- To find the largest observation only
- To arrange data alphabetically