Measures of Central Tendency and DispersionMCQPYQ June 24Question 3230 of 473
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If in a data set, 25\displaystyle 25 percent of values are smaller than 30\displaystyle 30 and one-fourth of values are larger than 70\displaystyle 70, then the coefficient of quartile deviation is _________ %

Options

A40\displaystyle 40
B30\displaystyle 30
C70\displaystyle 70
D50\displaystyle 50
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Correct Answer

Option a40\displaystyle 40

All Options:

  • A40\displaystyle 40
  • B30\displaystyle 30
  • C70\displaystyle 70
  • D50\displaystyle 50

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Detailed Solution & Explanation

We are given: - 25%\displaystyle 25\% of values are smaller than 30    \displaystyle 30 \implies the first quartile (Q1\displaystyle Q_1) is 30\displaystyle 30. - One-fourth (25%\displaystyle 25\%) of values are larger than 70    \displaystyle 70 \implies the remaining 75%\displaystyle 75\% are smaller than 70\displaystyle 70, which means the third quartile (Q3\displaystyle Q_3) is 70\displaystyle 70. Calculate the coefficient of quartile deviation: Coefficient of Q.D.=Q3Q1Q3+Q1×100\text{Coefficient of Q.D.} = \frac{Q_3 - Q_1}{Q_3 + Q_1} \times 100 Coefficient of Q.D.=703070+30×100=40100×100=40%\text{Coefficient of Q.D.} = \frac{70 - 30}{70 + 30} \times 100 = \frac{40}{100} \times 100 = 40\% Hence, **Option A** is the correct answer.

About This Chapter: Measures of Central Tendency and Dispersion

Paper

Paper 3: Quantitative Aptitude

Weightage

12-15 Marks

Key Topics

Mean, Median, Mode, Range, Mean Deviation, Standard Deviation

The core foundation of Statistics. This chapter covers Mean (Arithmetic, Geometric, Harmonic), Median, Mode, and their properties. It also explores measures of spread like Range, Mean Deviation, Standard Deviation, and Quartile Deviation.

View Official ICAI Syllabus

Exam Strategy Tip

Do not just memorize formulas; ICAI loves asking about the mathematical properties (e.g., 'sum of deviations from the AM is always zero'). You can usually eliminate 2 options just by knowing the properties.

Key Concepts to Understand

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