Measures of Dispersion MCQ Class 11 Economics are covered in this Article. Measures of Dispersion Class 11 MCQ Test contains 15 questions. Answers to MCQs on Measures of Dispersion Class 11 Economics are available after clicking on the answer. This MCQ has been made for Class 11 students to help check the concept you have learned from detailed classroom sessions and the application of your knowledge.
| Subject | Economics (MCQ) |
| Topic | Measures of Dispersion MCQ Class 11 Economics |
| Category | Economics Class 11 MCQs |
Measures of Dispersion MCQ Class 11 Economics
1_______ is the measure of the variation of the items.
(a) Range
(b) Quartile
(c) Mean
(d) Dispersion
Answer
Answer: (d) Dispersion
2. When a series dispersion is expressed in terms of the original unit of the series, it is called______.
(a) Central tendency
(b) Absolute measure
(c) Relative measure
(d) Dispersion
Answer
Answer: (b) Absolute measure
3. _______ expresses the variability of data in terms of some other value or percentage.
(a) Central tendency
(b) Absolute measure
(c) Relative measure
(d) Dispersion
Answer
Answer: (c) Relative measure
4. ______is a relative measure of dispersion of a series.
(a) Standard deviation
(b) Absolute deviation
(c) Relative deviation
(d) None of the above
Answer
Answer: (a) Standard deviation
5. ________ is estimated by dividing the value of standard deviation by the mean of the series.
(a) Standard deviation
(b) Coefficient if standard deviation
(c) Both (a)&(b)
(d) None of the above
Answer
Answer: (b) Coefficient if standard deviation
6. Which of the following are termed as the main objectives of measuring dispersion?
(a) To know the variation of different values
(b) To compare disparity
(c) To know the range values
(d) All of the above
Answer
Answer: (d) All of the above
7. Which of the following are the ways to calculate standard deviation
(a) Direct method
(b) Short cut method
(c) Step deviation method
(d) All of the above
Answer
Answer: (d) All of the above
Measures of Dispersion MCQ Class 11 Economics
8. Which of the following methods is useful to calculate standard deviation when the mean is in the whole number.
(a) Direct method
(b) Short cut method
(c) Step deviation method
(d) All of the above
Answer
Answer: (d) All of the above
9. The term Variance was first used by;
(a) Karl pearson
(b) RA fisher
(c) Doctor Bowley
(d) Spiegel
Answer
Answer: (b) RA fisher
10. Which of the following are the merits of standard deviation?
(a) It is based on all values
(b) Algebraic treatment
(c) Certain measure
(d) All of the above
Answer
Answer: (d) All of the above
11. Read the Statement given below and choose the correct alternative.
Statement 1- Standard deviation method of dispersion is very difficult to calculate
Statement 2- Standard deviation method of dispersion gives more importance to extreme values
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (a) Both are correct
12. Read the Statement given below and choose the correct alternative
Statement 1- Lorenz Curve is a measure of deviation of actual distribution from the line of equal distribution.
Statement 2- Lorenz Curve was given by Spiegel
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (c) Statement 1 is correct and statement 2 is incorrect
13. Read the Statement given below and choose the correct alternative
Statement 1- Lorenz Curve is a cumulative curve
Statement 2- Coefficient of Lorenz Curve has a direct relationship with the Lorenz Curve
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (c) Statement 1 is correct and statement 2 is incorrect
14. Read the Statement given below and choose the correct alternative
Assertion- Lorenz Curve is a graphical measure
Reason- Lorenz Curve is the measure of dispersion in statistical series.
(a) Both Assertion and reason are true. Reason is the correct explanation of assertion
(b) Both Assertion and reason are true. Reason is not the correct explanation of assertion
(c) Assertion is true but reason is not
(d) Reason is true but assertion is not
Answer
Answer: (b) Both Assertion and reason are true. Reason is not the correct explanation of assertion
15. Read the following statement given below and choose the correct alternative
Assertion- Lorenz Curve has spread to measure disparity of distribution.
Reason – Lorenz Curve is applied to measure distribution of income and wealth.
(a) Both Assertion and reason are true. Reason is the correct explanation of assertion
(b) Both Assertion and reason are true. Reason is not the correct explanation of assertion
(c) Assertion is true but reason is not
(d) Reason is true but assertion is not
Answer
Answer: (b) Both Assertion and reason are true. Reason is not the correct explanation of assertion
Term 2 – NCERT Economics Class 11 MCQ
Part A – MCQ Questions for Class 11 Statistics Economics
- Statistical Tools and Interpretation – Measures of Dispersion, Correlation, Index Number
- Measures of Dispersion MCQ Class 11 Economics
- Correlation MCQ Class 11 Economics
- Index Numbers Class 11 MCQ Questions Economics
Part B – MCQ Questions for Class 11 Microeconomics
- Producer Behaviour and Supply
- Forms of Market and Price Determination under perfect competition with simple applications