The median of the dataset: 10, 15, 20, 25, 30, 35 is: MCQ with Answer and Explanation

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The median of the dataset: 10, 15, 20, 25, 30, 35 is:

A. 25

B. 22.5

C. 20

D. 30

Answer: Option B

Solution (By JKSSB Mock Tests)

With 6 observations (even), median = average of 3rd and 4th values in ordered list: (20 + 25)/2 = 22.5. This splits the data into two equal halves.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

If Q = -1, attributes exhibit:

A. No relationship

B. Perfect negative association

C. Independence

D. Perfect positive association

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Correct Answer: Option B

Explanation:
Q = -1 when ad=0, i.e., complete negative association.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The process of arranging data into groups on the basis of common characteristics is called:

A. Analysis

B. Editing

C. Tabulation

D. Classification

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Correct Answer: Option D

Explanation:
Classification groups homogeneous data into categories based on similarities.

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Question #3

The Family Budget Method for calculating the Consumer Price Index is equivalent to:

A. Fisher's Method

B. Laspeyres' Method

C. Paasche's Method

D. Simple Aggregative Method

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Correct Answer: Option B

Explanation:
The family budget method (weighted average of price relatives) mathematically reduces to Laspeyres' formula (using base year weights).

This question belongs to: Accountancy and Statistics Statistics

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