Practice Statistics - 3 | 3. Statistics | ICSE Class 11 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the mean of the following data: 2, 3, 5, 7, and 10?

πŸ’‘ Hint: Add all values together, then divide by the number of values.

Question 2

Easy

Define primary data.

πŸ’‘ Hint: Think about examples where data is fresh and original.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What measures how far values are spread from the mean?

  • Mean
  • Variance
  • Mode

πŸ’‘ Hint: Remember, it deals with deviation from the average.

Question 2

True or False: The mode can be defined as the value that appears most frequently in a dataset.

  • True
  • False

πŸ’‘ Hint: Think about what represents frequency in data.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A company records the following sales over five weeks: $200, $250, $300, $450, $700. Determine the mean, median, mode, variance, and standard deviation.

πŸ’‘ Hint: Use the formulas for mean, median, mode, variance, and standard deviation respectively for your calculations.

Question 2

Discuss how a government might use statistical analysis to adjust inflation rates. Provide a real-world context.

πŸ’‘ Hint: Think of a recent policy change and its relationship to economic data.

Challenge and get performance evaluation