The population of a town increased from 20,000 to 25,000 in 10 years. The average annual growth rate is best computed using: MCQ with Answer and Explanation

The population of a town increased from 20,000 to 25,000 in 10 years. The average annual growth rate is best computed using:
A. Arithmetic mean of growth rates
B. Median growth rate
C. Harmonic mean
D. Geometric mean of growth factors
Answer: Option D
Solution (By JKSSB Mock Tests)
Geometric mean is appropriate for compound growth rates; annual growth factor = (25000/20000)^(1/10).

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Practice More Statistics Questions

Question #1
Neonatal Mortality Rate relates to deaths of infants occurring within:
A. The first 7 days of life
B. The first 24 hours of life
C. The first 28 days of life
D. The first year of life

Correct Answer: Option C


Explanation:
Neonatal deaths are those occurring in the first 28 days (or 4 weeks) after birth.

This question belongs to: Accountancy and Statistics Statistics
Question #2
Which of the following is a measure of dispersion?
A. Geometric mean
B. Median
C. Mode
D. Standard deviation

Correct Answer: Option D


Explanation:
Standard deviation measures spread.

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Question #3
The census in India is conducted every:
A. 7 years
B. 12 years
C. 10 years
D. 5 years

Correct Answer: Option C


Explanation:
India’s decennial census occurs every 10 years.

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