Assertion (A): Median is better than Mean for skewed distributions. Reason (R): Median is entirely immune to extreme values. MCQ with Answer and Explanation

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Assertion (A): Median is better than Mean for skewed distributions. Reason (R): Median is entirely immune to extreme values.

A. A is false but R is true

B. A is true but R is false

C. Both A and R are true but R is NOT the correct explanation

D. Both A and R are true and R is the correct explanation

Answer: Option D

Solution (By JKSSB Mock Tests)

Median is a positional average based on rank, so an extreme outlier does not shift the median's location.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The simple aggregative price index is:

A. Σp₁q₀ / Σp₀q₀ × 100

B. Σp₁q₁ / Σp₀q₁ × 100

C. Σp₁ / Σp₀ × 100

D. √(L×P) × 100

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Correct Answer: Option C

Explanation:
Simple aggregative index sums current prices, divides by sum of base prices, and multiplies by 100.

This question belongs to: Accountancy and Statistics Statistics

Question #2

According to Sturges' rule, the approximate number of classes for n = 50 is: (Use k = 1 + 3.322 log₁₀ n)

A. 5

B. 7

C. 6

D. 8

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Correct Answer: Option B

Explanation:
log₁₀50 ≈ 1.699; 3.322 × 1.699 ≈ 5.64; 1 + 5.64 = 6.64, which rounds to 7 classes.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Census of India 2011 was the:

A. 15th census

B. 14th census

C. 13th census

D. 16th census

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Correct Answer: Option A

Explanation:
Since the first synchronous census in 1881, the 2011 census was the 15th decennial census.

This question belongs to: Accountancy and Statistics Statistics

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