Managerial Tool Question and answers
verified to pass 2025/2026
Median
Interquartile range (IQR)
Mode - correct answer ✔Which statistics are unaffected by a single large outlier? (More than one)
Median - correct answer ✔Which of the following is most suitable for policy making based on income
distribution?
110 - correct answer ✔If we study data from a population whose mean is 200 and standard deviation is
30, which of the following data points has a z-score of -3?
Variance - correct answer ✔Which of the following statistics measures the spread of the dataset away
from mean?
Interquartile Range (IQR)
Range
Variance - correct answer ✔Which of the following are measures of spread or variability of a dataset?
(More than one)