Theoretical DistributionsMTP Dec 2023 Series IQuestion 3996 of 230
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If the two Quartiles N(μ,σ2)\displaystyle N(\mu, \sigma^2) are 14.6\displaystyle 14.6 and 25.4\displaystyle 25.4 respectively. What is the standard deviation of the distribution?

Options

A9\displaystyle 9
B6\displaystyle 6
C10\displaystyle 10
D8\displaystyle 8
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Correct Answer

Option d8\displaystyle 8

All Options:

  • A9\displaystyle 9
  • B6\displaystyle 6
  • C10\displaystyle 10
  • D8\displaystyle 8

Detailed Solution & Explanation

**Finding Standard Deviation from Quartiles**\n\nFor a normal distribution N(mu,sigma2)\displaystyle N(\\mu, \\sigma^2), the first quartile (Q1\displaystyle Q_1) and the third quartile (Q3\displaystyle Q_3) are symmetric about the mean mu\displaystyle \\mu and are given by:\nQ1=mu0.675sigmaQ_1 = \\mu - 0.675\\sigma\nQ3=mu+0.675sigmaQ_3 = \\mu + 0.675\\sigma\n\nThe **Quartile Deviation (QD)** is defined as:\ntextQD=fracQ3Q12\\text{QD} = \\frac{Q_3 - Q_1}{2}\n\nWe also know the relationship between QD and Standard Deviation (sigma\displaystyle \\sigma):\ntextQD=0.675sigma\\text{QD} = 0.675\\sigma\n\n**Given:**\n- Lower Quartile Q1=14.6\displaystyle Q_1 = 14.6\n- Upper Quartile Q3=25.4\displaystyle Q_3 = 25.4\n\n**Step 1: Calculate the Quartile Deviation (QD)**\ntextQD=frac25.414.62\\text{QD} = \\frac{25.4 - 14.6}{2}\ntextQD=frac10.82=5.4\\text{QD} = \\frac{10.8}{2} = 5.4\n\n**Step 2: Calculate the Standard Deviation (sigma\displaystyle \\sigma)**\nUsing textQD=0.675sigma\displaystyle \\text{QD} = 0.675\\sigma:\n5.4=0.675sigma5.4 = 0.675\\sigma\nsigma=frac5.40.675\\sigma = \\frac{5.4}{0.675}\nsigma=frac5.4frac2740=5.4timesfrac4027=0.2times40=8\\sigma = \\frac{5.4}{\\frac{27}{40}} = 5.4 \\times \\frac{40}{27} = 0.2 \\times 40 = 8\n\nThus, the standard deviation is 8\displaystyle 8.\n\nHence, **Option D** is the correct answer.

About This Chapter: Theoretical Distributions

Paper

Paper 3: Quantitative Aptitude

Weightage

4-6 Marks

Key Topics

Binomial, Poisson, Normal Distribution

This chapter covers Binomial, Poisson, Normal Distribution and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.

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