The geometric mean is most appropriate for averaging: MCQ with Answer and Explanation

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The geometric mean is most appropriate for averaging:

A. Test scores

B. Income levels

C. Price ratios and growth rates

D. Heights

Answer: Option C

Solution (By JKSSB Mock Tests)

Geometric mean is suitable for averaging ratios and percentage changes because it accounts for compounding.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

In a life table, the column denoted by 'l_x' represents:

A. Expectation of life at age x

B. Number of survivors at exact age x

C. Number of persons dying between age x and x+1

D. Probability of dying between age x and x+1

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Correct Answer: Option B

Explanation:
l_x indicates the number of individuals from the original cohort (radix) who survive to exact age x.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The classification of students by blood group is:

A. Geographical

B. Quantitative

C. Qualitative

D. Chronological

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Correct Answer: Option C

Explanation:
Blood group is a categorical attribute.

This question belongs to: Accountancy and Statistics Statistics

Question #3

In tabulation, 'box-head' refers to:

A. The left part with row headings

B. The part of the table containing column headings

C. The footnotes

D. The title of the table

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Correct Answer: Option B

Explanation:
Box-head is the portion above the stub containing the column captions.

This question belongs to: Accountancy and Statistics Statistics

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