Central Tendency & DispersionMTP May 19 Series IIQuestion 3236 of 473
All Questions

Which measure is based on only the central fifty percent of the observations?

Options

AStandard deviation
BQuartile deviation
CMean deviation
DAll these measures
For any discrepancies in this question, email contact@cadada.in

Correct Answer

✅ Option b — Quartile deviation

All Options:

  • AStandard deviation
  • BQuartile deviation
  • CMean deviation
  • DAll these measures

Detailed Solution & Explanation

The quartile deviation is defined as half of the difference between the third and first quartiles (Q3−Q12\displaystyle \frac{Q_3 - Q_1}{2}). Since Q1\displaystyle Q_1 is the 25th\displaystyle 25^{\text{th}} percentile and Q3\displaystyle Q_3 is the 75th\displaystyle 75^{\text{th}} percentile, the interval between them represents the central 50%\displaystyle 50\% of the observations. Therefore, quartile deviation is based on only the central fifty percent of the observations. Hence, **Option B** is the correct answer.

More Questions from Central Tendency & Dispersion

Ready to Master Central Tendency & Dispersion?

Practice all 473 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free