Economics · Business Statistics and Research Methods
Given below are two statements regarding the properties of a normal distribution: Assertion A: The Mean Deviation about the mean is approximately 80% (or 4/5) of the Standard Deviation. Reason R: The Quartile Deviation is approximately 2/3 (or 0.6745) of the Standard Deviation. In the light of the above statements, choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are true and R is the correct explanation of A
- 2Both A and R are true and R is NOT the correct explanation of A✓
- 3A is true but R is false
- 4A is false but R is true
Correct answer
Both A and R are true and R is NOT the correct explanation of A
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