The harmonic mean gives more weight to: MCQ with Answer and Explanation

Question

Share Report Error

The harmonic mean gives more weight to:

A. Larger values

B. All values equally

C. Smaller values

D. Middle values

Answer: Option C

Solution (By JKSSB Mock Tests)

HM is the reciprocal of the arithmetic mean of reciprocals, so smaller numbers have larger reciprocals and thus greater influence.

This question belongs to: Accountancy and Statistics Statistics

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1

Which index method is best suited when a new commodity is introduced frequently over consecutive years?

A. Simple Aggregative Method

B. Fixed Base Index

C. Chain Base Index

D. Laspeyres Method

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
The Chain Base method allows for the easy inclusion or deletion of items year-by-year, maintaining relevance.

This question belongs to: Accountancy and Statistics Statistics

Question #2

A random experiment has outcomes that are:

A. Always equally likely

B. Predictable with certainty

C. Impossible to list

D. Uncertain but with known possible outcomes

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
In a random experiment, individual outcomes are uncertain, but the set of all possible outcomes is known.

This question belongs to: Accountancy and Statistics Statistics

Question #3

In constructing a frequency distribution with exclusive class intervals, the upper limit of one class is:

A. Excluded from that class and included in the next higher class

B. Included in that class

C. Always equal to the lower limit of the next class

D. Ignored in frequency counting

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
In exclusive class intervals, the upper limit is not included in the class; observations equal to the upper limit are counted in the next higher class to avoid overlap and ensure mutual exclusivity.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs