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NCERT Solutions for 11th Class Economics: Chapter 6-Measures of Dispersion

Class 11: Economics Chapter 6 solutions. Complete Class 11 Economics Chapter 6 Notes. NCERT Solutions for 11th Class Economics: Chapter 6-Measures of Dispersion NCERT 11th Economics Chapter 6, class...

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Class 11: Economics Chapter 6 solutions. Complete Class 11 Economics Chapter 6 Notes.

NCERT Solutions for 11th Class Economics: Chapter 6-Measures of Dispersion

NCERT 11th Economics Chapter 6, class 11 Economics chapter 6 solutions

Question 1

Define dispersion.

Answer:

 Dispersion is the measure of the extent to which different items tend to dispense away from the central tendency.

Question 2

What is the coefficient of dispersion?

Answer: 

The coefficient of dispersion shows different data percentage or relative value. The coefficient of dispersion is known as a relative measure of dispersion.

Question 3

Define range.

Answer: 

Range is the variance between the lowest and highest value in a series. Therefore, Range = Highest value in the series – Lowest value in the series.

Question 4

Explain the interquartile range.

Answer: 

In a series, the difference between the first Quartile (Q1) and third Quartile (Q3) is known as the interquartile range.

NCERT 11th Economics Chapter 6, class 11 Economics chapter 6 solutions

Question 5

What is the quartile deviation?

Answer: 

Half of the interquartile range is Quartile deviation. It can also be mentioned as semi-inter quartile range.

Question 6

What is the coefficient of quartile deviation formula?

Answer: 

 For calculating the coefficient of quartile deviation, the formula applied is.

Q3−Q1/ Q3+Q1

Question 7

Define mean deviation.

Answer:

 A mathematics average of the deviations of all the principles taken from some average value (mean, median, mode) of the series, ignoring signs (+ or -) of the deviation is mean deviation.

Question 8

What is standard deviation?

Answer: 

The square root of the arithmetic mean of the squared deviations of the items from their mean value.

Question 9

What is a Lorenz curve?

Answer: 

Lorenz curve is a curve that shows the actual distribution deviation (of income or wealth) from the line exhibiting equal distribution.

Question 10

Define variance.

Answer:

 Variance is another measure of dispersion. Variance is the square of the standard deviation.

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NCERT 11th Economics Chapter 6, class 11 Economics chapter 6 solutions

NCERT Solutions for 11th Class Economics: Chapter 6: Download PDF

NCERT Solutions for 11th Class Economics: Chapter 6-Measures of Dispersion

Download PDF: NCERT Solutions for 11th Class Economics: Chapter 6-Measures of Dispersion PDF

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