The median can be located graphically using: MCQ with Answer and Explanation

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The median can be located graphically using:

A. Histogram

B. Ogive

C. Bar chart

D. Frequency polygon

Answer: Option B

Solution (By JKSSB Mock Tests)

The median is the x-value at N/2 on the less than ogive.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The Laspeyres quantity index uses:

A. Current period prices as weights

B. Base period prices as weights

C. Base period quantities as weights

D. Current period quantities as weights

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Correct Answer: Option B

Explanation:
Laspeyres quantity index = Σp₀q₁ / Σp₀q₀ × 100.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Which of the following averages cannot be calculated if the distribution has open-end classes at both extremes?

A. Arithmetic Mean

B. Median

C. Mode

D. Quartiles

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Correct Answer: Option A

Explanation:
Mean requires precise midpoints for all classes. Open-end classes lack boundaries, making precise mean calculation impossible.

This question belongs to: Accountancy and Statistics Statistics

Question #3

The total fertility rate (TFR) is the sum of age-specific fertility rates multiplied by the width of age interval. If 5-year groups, it is multiplied by:

A. 5

B. 1000

C. 10

D. 1

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Correct Answer: Option A

Explanation:
TFR = 5 × Σ ASFR (per woman) if ASFR are computed per 1000 women per 5-year interval and divided by 1000 appropriately. Actually, if ASFRs are in per 1000, TFR = 5 × Σ ASFR_i / 1000.

This question belongs to: Accountancy and Statistics Statistics

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