Question
Which of the following is not a measure of
dispersion?Solution
The mode, which is the most frequently occurring value in a set of data, is a measure of central tendency, not dispersion. Dispersion measures (like range, mean deviation, and standard deviation) indicate the spread or variability of the data set.
Which of the following methods is used to control inflation in India?
When a price ceiling is imposed in a market,
Which of the following may lead to a shift in the demand curve?
Which of the following statement is correct about the situation in the economy?
Which of the following should be excluded while calculating Gross national Product?
If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
Which of the following asset belongs to the flow concept?
An inferior good is one for which an increase in income causes a(n)
Price elasticity of demand of a horizontal demand curve is called:
Which of the following will have the largest value while calculating national income?