ABM A - Unit 3 - Motivational Banker
1. What is the arithmetic mean?

Question 1 of 31

2. How is the arithmetic mean calculated?

Question 2 of 31

3. How is the mode determined in a data set?

Question 3 of 31

4. In the example, why is the mode 6?

Question 4 of 31

5. How is the median calculated in a data set with an even number of elements?

Question 5 of 31

6. What is the first step in calculating the median for an even number of elements in a dataset?

Question 6 of 31

7. Why is the 6th digit considered when calculating the median in this case?

Question 7 of 31

8. What is the final step in finding the median in this example?

Question 8 of 31

9. What is the first step in calculating the median for an odd number of elements in a dataset?

Question 9 of 31

10. Why is the 7th digit considered when calculating the median in this case?

Question 10 of 31

11. What is the final step in finding the median in this example?

Question 11 of 31

12. What does the geometric mean involve in the context of averaging?

Question 12 of 31

13. In the example provided, what is the first step in calculating the geometric mean?

Question 13 of 31

14. What does "nth root of the product of n observations" mean in the context of the geometric mean?

Question 14 of 31

15. What is the Harmonic Mean (HM) defined as?

Question 15 of 31

16. Why is the least common factor used in the calculation of Harmonic Mean?

Question 16 of 31

17. What is Mean Deviation (MD) in statistics?

Question 17 of 31

18. How is Mean Deviation calculated?

Question 18 of 31

19. What is the purpose of taking absolute values when calculating Mean Deviation?

Question 19 of 31

20. What is the Coefficient of Mean Deviation?

Question 20 of 31

21. What does the Coefficient of Mean Deviation (Mean) represent in statistics?

Question 21 of 31

22. How is the Coefficient of Mean Deviation (Mean) calculated?

Question 22 of 31

23. What is the primary purpose of the standard deviation in statistics?

Question 23 of 31

24. What does a small standard deviation indicate about the dataset?

Question 24 of 31

25. Which of the following statements about standard deviation is true?

Question 25 of 31

26. What does the coefficient of variation (CV) measure?

Question 26 of 31

27. What does skewness measure in a data distribution?

Question 27 of 31

28. When is a data distribution considered symmetric?

Question 28 of 31

29. What is the condition for positive (right) skewness in a data distribution?

Question 29 of 31

30. In a negatively (left) skewed distribution, how are the mean, mode, and median arranged?

Question 30 of 31

31. Which of the following statements is true regarding symmetric data distribution?

Question 31 of 31