Consider the following statements:
1. Quartile deviations is more instructive range as it discards the dispersion of extreme items
2. Coefficient of quartile deviaton cannot be used to compare the degree of variations in different distributions
3. There are 10 deciles for a series
Which one of the above statements is/are correct?
A. 1, 2 and 3
B. 2 alone
C. 3 alone
D. 1 alone
Answer: Option C
Related Questions on Business Statistics and Research Methods
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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