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Commerce · Q635

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 635

Q635

Consider the following statements: 1. Median is not useful while dealing with skewed distribution such as income distribution or price distribution 2. Median can be determined graphically by drawing only one ogive 3. Mode can be used to describe qualitative phenomenon Which of the above statements are correct?

A.
1 and 2
B.
1 and 3
Answer
C.
2 and 3
D.
1, 2 and 3

Answer: Option B

Solution

Answer: Option B
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