43
Find the median of the following set of data 35,10,14,38,15,18,22,30 and 28
- A. 10
- B. 38
- C. 35
- D. 22
44
An advantage of the range as a measure of dispersion is that it
- A. can be used to calculate open-ended distribution
- B. make use of all values of observations in a distribution
- C. takes all values into consideration
- D. is useful for further statistical calculation
45
Which of the following set of statistical tools is used for further economic analysis?
- A. the median and standard deviation
- B. the mean and mode
- C. the mean and standard deviation
- D. the mode and median
46
If the standard deviation of a given data is 53, what is the variance?
- A. 2082
- B. 2809
- C. 2808
- D. 2209
47
An economy in which both the public and private sectors contribute to economic growth is as
- A. feudal economy
- B. capitalist economy
- C. socialist economy
- D. mixed economy
48
The profit of a monopolist can be eliminated where price equals
- A. AFC
- B. MC
- C. AC
- D. AVC
49
If P = \(\frac{1}{4}\)(Qs + 10). What is the quantity supplied at N14?
- A. 14
- B. 60
- C. 46
- D. 32