passwella.
Menu

UI Post-UTME Economics 2024 (Model questions) Question 14

Question 14

Tools of Economic Analysis

Half of the difference between upper and lower quartiles is called:

  1. A.Interquartile range
  2. B.Quartile deviation
  3. C.Mean deviation
  4. D.Standard deviation
Show the answer and explanation

Answer: B (Quartile deviation)

Explanation

Quartile deviation (semi-interquartile range) = (Q3 − Q1)/2.