Determining arithmetic mean-simplest measure of dispersion

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Reference no: EM1311694

Annual Income

Number of Households

Under $10,000

20

$10,000-under $20,000

45

$20,000-under $30,000

70

$30,000-under $40,000

30

$40,000-under $50,000

15

$50,000-under $60,000

12

$60,000-under $70,000

8

Total

200

1) For value 10,40,20,50 and 40, value of arithmetic mean is

a).32

b) 40

c) 30

d) 34.5

2) For data values,20,31,45,54,38,33,22,45, and 17, mode is

a) 33

b) 34

c) 38

d) 45

3) Simplest measure of dispersion is the

a) Standard deviation

b) variance

c) Quartile deviation

d) range

4) Largest value in set of data is 240, and lowest value is 100. If resulting frequency distribution is to have 7 classes of equal width, what will be the class width?

a) 12

b) 7

c) 5

d) 20

5) For the value 10,20,30,40 and 50, the average absolute deviation from the mean is

a) 10

b) 15

c) 12

d) 14

Reference no: EM1311694

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