ADDIS ABABA MEDICAL & BUSINESS COLLEGE

STATISTICS I FOR BUSINESS FINAL EXAM

NAME_______________________________ID.NO_________ DEPT.__________PROGRAM________

Part I. Say true or false

1) Mean is affected by extreme observations.

2) Uniqueness is property of mode.
3) Geometric Mean is useful and appropriate for finding averages of ratios.
4) Median may not exist and even if it does exist, it may not be unique
5) Median is a positional average and hence not influenced by extreme
observations.
6) Harmonic Mean is useful and appropriate in finding average speeds and
average rates.
7) The Scatter or spread of items of a distribution is known as measure of
central tendency.
8) For a given set of data there is one and only one mean.
9) Range and relative range is type of measure of central tendency.
10) One of the objectives of measure of variation is to judge the
reliability of measure of central tendency.
Part II. Multiple choose
1) Which of the following are objective of measure of central tendency?
A) To comprehend (understand) the data easily
B) To facilitate comparison C) To make further statistical analysis D) All
2) Which of the following is /are/ properties of mean?
A) Uniqueness B) affected by extreme value C) simplicity D) All
3) From the alternative which one is /are/ type of mean?
A) Arithmetic mean B) geographic mean C) harmonic mean D) None
4) Which type of mean is called average of ratio?
 A) Geometric B) harmonic C) arithmetic mean D) All
5) Which one of the following is positional average?
A) mode B) mean C) median D) range
6) Which one is type measure of variation from the give alternative?
A) Range B) relative range C) variance D) all E) none
7) If the values close to each other what will be the amount of dispersion?
A) Small B) greater C) no dispersion D) none
8) Stander deviation is type of measure of measure of central tendency.
A) True B) false
9) Which one is a not property of mode?
A) Affected by extreme value C) simple to understand
B) No need of calculation D) sometimes it’s not unique
10) Which of the following are properties of median?
A) Uniqueness C) not affected by extreme value
B) Simplicity D) all E) none
Part III work out with all necessary steps
1) 2 , 3 , -1, 2, 5, 0 , 3 Based on the given data set calculate
a) Mean
b) Mode and its type
c) Median
d) Range and relative range