Exam 11: Quantiles and the Quartile Deviation

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Data for weekly sales total in a Dubai firm are analysed to give the following quartiles: Q1 = AED 45,000; Q2 = AED 52,500; Q3 = 63,780. Which of the following options represents the correct interpretation of the quartile measure of skewness (qsk) for these figures?

Free
(Multiple Choice)
4.8/5
(36)
Correct Answer:
Verified

A

Calculate the quartile coefficient of dispersion for data with a quartile deviation of 40 and a median of 95 (1 decimal place).

Free
(Multiple Choice)
4.9/5
(39)
Correct Answer:
Verified

C

When splitting a set up into quartiles, what name is given to the value that separates the highest from the second-highest quartile?

Free
(Multiple Choice)
4.9/5
(43)
Correct Answer:
Verified

A

New car sales values for March 2014 show that the lower quartile is £11,750, the median value is £16,360 and the upper quartile is £26,253. What is the value of the quartile distribution?

(Multiple Choice)
4.8/5
(43)

Using the quartile coefficient of dispersion, compare the information about petrol prices in Australia and Japan to see which has greater variance. Using the quartile coefficient of dispersion, compare the information about petrol prices in Australia and Japan to see which has greater variance.

(Multiple Choice)
4.9/5
(31)

Quantiles split data into parts that are…?

(Multiple Choice)
4.8/5
(38)

Which statement about deciles is NOT true?

(Multiple Choice)
4.8/5
(42)

Calculate the upper quartile for the following data set: Calculate the upper quartile for the following data set:

(Multiple Choice)
4.7/5
(50)

Which statement about calculating quartiles is NOT true?

(Multiple Choice)
4.7/5
(38)

Identify the lower quartile in this data set: 16, 24, 19, 10, 13, 19, 20

(Multiple Choice)
4.9/5
(30)
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)