Email: bbcnoun@gmail.com Whatsapp/Telegram: 08131667008 ECO154 Question: Every value in the distribution clusters around the measures of Answer: location Question: The measure of estimate the extent or degree to which values in a set of data tend to spread around or about the average value Answer: none of the above Question: Basically, the component of statistical process that deals with the organisation and summarization of information is referred to as — Statistic. Answer: Descriptive Question: The second quartile is the decile Answer: 5th Question: The‭ ‬refers to the arithmetic average of all deviation in a distribution from the mean Answer: none of the above Question: Histogram and usually drawn together are Answer: none of the above Question: standard deviation is the square root of the and mean Answer: none of the above Question: The mode of a grouped data can be\nobtained from‭ ‬ Answer: Histogram Question: Another name for the measure of central tendency is measure of Answer: none of the above Question: One measure of dispersion which is very reliable is the — Answer: variance Question: A is a graphical method for demonstrating the disparity between two economic phenomena Answer: Lorenz-curve Question: Every value in the distribution clusters around the measures of Answer: location Question: The measure of estimate the extent or degree to which values in a set of data tend to spread around or about the average value Answer: none of the above Email: bbcnoun@gmail.com Whatsapp/Telegram: 08131667008