The sum of deviations of all values from the median is minimized when measured in: MCQ with Answer and Explanation

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The sum of deviations of all values from the median is minimized when measured in:

A. Relative deviations

B. Squared deviations

C. Absolute deviations

D. Cubed deviations

Answer: Option C

Solution (By JKSSB Mock Tests)

Median minimizes sum of absolute deviations.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

In a standard deck, the probability of drawing a red king is:

A. 1/26

B. 1/13

C. 1/52

D. 2/13

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Correct Answer: Option A

Explanation:
2 red kings (hearts and diamonds) out of 52 = 2/52 = 1/26.

This question belongs to: Accountancy and Statistics Statistics

Question #2

If the median of a data set is 50, it indicates that:

A. 50% of the values are less than or equal to 50

B. The average value is 50

C. 50 is the most frequent value

D. All values are 50

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Correct Answer: Option A

Explanation:
Median is the 50th percentile, dividing the data into two halves.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Standardized Death Rate (SDR) is used to:

A. Compare mortality between populations with different age structures

B. Adjust birth rates for underreporting

C. Calculate crude death rates for small areas

D. Estimate infant mortality from census data

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Correct Answer: Option A

Explanation:
SDR applies age-specific death rates of a population to a standard age distribution, eliminating the confounding effect of age structure to enable fair mortality comparisons across regions or time.

This question belongs to: Accountancy and Statistics Statistics

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