The sum of 50 observations is 500; the arithmetic mean is: MCQ with Answer and Explanation

The sum of 50 observations is 500; the arithmetic mean is:
A. 10
B. 500
C. 5
D. 25
Answer: Option A
Solution (By JKSSB Mock Tests)
Mean = 500 / 50 = 10.

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Practice More Statistics Questions

Question #1
A fixed base index uses:
A. A different base period for each time point
B. Geometric mean of multiple base periods
C. A single, constant base period for all comparisons
D. The immediately preceding period as the base for each calculation

Correct Answer: Option C


Explanation:
Fixed base index selects one period as the base (index=100) and expresses all other periods relative to it, enabling consistent long-term trend analysis without base drift.

This question belongs to: Accountancy and Statistics Statistics
Question #2
The difference between the birth rate and death rate is called:
A. Growth rate
B. Doubling time
C. Net migration
D. Natural increase

Correct Answer: Option D


Explanation:
Natural increase = CBR - CDR (excluding migration).

This question belongs to: Accountancy and Statistics Statistics
Question #3
Assertion (A): Harmonic mean is greater than geometric mean for positive numbers. Reason (R): For positive numbers, AM ≥ GM ≥ HM.
A. Both A and R true, and R is correct explanation
B. A is false, R is true
C. Both A and R true, but R is not correct explanation
D. A is true, R is false

Correct Answer: Option B


Explanation:
The correct inequality is AM ≥ GM ≥ HM, so HM ≤ GM, thus HM is not greater. So assertion false, reason true.

This question belongs to: Accountancy and Statistics Statistics