The value that appears maximum number of times in a data set is called: MCQ with Answer and Explanation

Question

Share Report Error

The value that appears maximum number of times in a data set is called:

A. Median

B. Mean

C. Range

D. Mode

Answer: Option D

Solution (By JKSSB Mock Tests)

Mode is the most frequent value.

This question belongs to: Accountancy and Statistics Statistics

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1

Laspeyres index tends to ______ the price increase.

A. Ignore

B. Understate

C. Perfectly measure

D. Overstate

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
Because it uses fixed base period quantities, Laspeyres index does not account for substitution away from goods that have become relatively expensive.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The geometric mean of 2, 4, and 8 is:

A. 5.33

B. 3.76

C. 4.67

D. 4

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
(2 × 4 × 8)^(1/3) = 64^(1/3) = 4.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Which of the following statements about tabulation is correct?

A. Tabulation is the first step of data collection.

B. Tabulation is the process of grouping data into classes.

C. Tabulation eliminates the need for classification.

D. Tabulation presents data in rows and columns for easy comparison.

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
Tabulation is the systematic arrangement of data in a table with rows and columns.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs