Engineering Analysis and Statistics

MCQS of
Standard Deviation, Variance, Covariance and Coefficient of Variation
1. Standard deviation of first 50 natural numbers is
A. 45.43 B. 14.43 C. 20.43 D. 16.43
2. Standard deviation of population is denoted by
A. Ω B. ω C. σ D. Σ
3. Considering sample rather than population, standard deviation is thus denoted by
A. small s B. capital s C. Ω D. σ
4. Price of gasoline for three days are as 98, 96, 97, 100 then value of standard
deviation with assumed mean method is
A. 15 B. 10 C. 1 D. 11
5. If positive square root is taken of population variance then calculated measure is
transformed into
A. standard root B. standard deviation
C. standard variance D. sample variance

6. Number of emergency cases in hospital for five days are as 12, 15, 18, 16, 14 then
variance of sample is
A. 5 B. 20 C. 4 D. 11
7. Letter used to denote variance of population is
A. 2σ² B. 2Σxy C. 2Σ² D. σ²
8. In formula of sample variance Σ(x-x‾)² is called
A. total sum of squares B. total differences of squares
C. multiplier of deviation D. divisor of mean deviation
9. If mean is 25 and standard deviation is 5 then C.V
A. 100% B. 25% C. 20% D. None of these
10. ——– is used to compare the variation or dispersion in two or more sets of data
even though they are measured in different units.
A. Range B. Standard Deviation
C. Coefficient of Variation D. Mean Deviation

11. ——— is used to criterion of consistency i.e for consistence performance

A. Range B. Standard Deviation
C. Coefficient of Variation D. Mean Deviation
12. Covariance between assets
A. Can only be Positive B. Can never be zero

University of Engineering and Technology, Taxila

Engineering Analysis and Statistics

C. Measure of degree of dependency between two assets

D. can fluctuate between -1 and +1

13. How many covariance are there in a ten-stock portfolio

A. 10 B. 20 C. 35 D. 45
14. Population variance is also called
A. sigma squared B. negative sigma C. square root D. cubic root
15. In the analysis of variance (ANOVA), a factor is
A. A dependent variable
B. A set of related treatments, categories or conditions
C. A variable that is confounded or entangled with the independent variable
D. A covariate, that is, a variable that correlates with the dependent variable
16. In the analysis of variance (ANOVA), the measure is
A. The independent variable in the study
B. An extraneous variable that confounds the effects of the independent variable
C. The dependent variable in the study
D. A covariate

University of Engineering and Technology, Taxila