The mode of a distribution is the value at which the frequency curve: MCQ with Answer and Explanation

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The mode of a distribution is the value at which the frequency curve:

A. Has a maximum

B. Has a minimum

C. Is zero

D. Crosses the median

Answer: Option A

Solution (By JKSSB Mock Tests)

Mode corresponds to the peak of the frequency distribution.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Which principle is violated if a questionnaire contains the question 'What is your income and how many children do you have?'

A. Avoid double-barreled questions

B. Avoid leading questions

C. Simplicity

D. Proper sequence

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Correct Answer: Option A

Explanation:
A double-barreled question asks about two different things at once, making it impossible to answer accurately for one part.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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For a set of values, the sum of squared deviations is minimum when taken from:

A. Mode

B. Median

C. Geometric mean

D. Arithmetic mean

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Correct Answer: Option D

Explanation:
The arithmetic mean minimizes the sum of squared deviations.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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Which index number is most commonly used to measure inflation and changes in the purchasing power of money for standard households?

A. Wholesale Price Index

B. Index of Industrial Production

C. Sensex

D. Consumer Price Index (Cost of Living Index)

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Correct Answer: Option D

Explanation:
The CPI (or Cost of Living Index) measures the average change in prices paid by consumers for a basket of goods and services.

This question belongs to: Accountancy and Statistics Statistics

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