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Practice Questions_Chapter 3 Q.pdf - QBA 241 Quantitative...

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QBA 241 Quantitative Business AnalysisMTH 101 StatisticsMTH 195 Applied StatisticsPractice QuestionsChapter 3: Descriptive Statistics: Numerical MeasuresTrue or False1. The median is said to be resistant to extreme values.
2. The range of the measurement is the largest measurement plus the smallest measurement.
3. In a symmetric population, the median equals the mode.
4. If there are seven classes in a frequency distribution, then the fourth class will always containthe median.
5. Z-score is often used as a measure of risk.
1Explanation:Z-score is used to measure a measurement's distance from the mean.Multiple-choice Questions

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Standard Deviation, Mean, quantitative business analysis, 99 73 percent

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