The weighted harmonic mean is used to average: MCQ with Answer and Explanation

The weighted harmonic mean is used to average:
A. Performance ratios when weights are proportional to denominator
B. Speeds when distances vary
C. Growth rates
D. Prices when expenditures are equal
Answer: Option A
Solution (By JKSSB Mock Tests)
Weighted harmonic mean is appropriate when the weights correspond to the denominator of the ratio.

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Practice More Statistics Questions

Question #1
Which of the following is a source of secondary data?
A. Direct observation of traffic
B. Personal diary of the investigator
C. Unpublished thesis records
D. Data collected through experiment

Correct Answer: Option C


Explanation:
An unpublished thesis is a document containing data originally collected by someone else, making it secondary data for another researcher.

This question belongs to: Accountancy and Statistics Statistics
Question #2
In attribute theory, consistency of data requires that all ultimate class frequencies are:
A. Greater than marginal frequencies
B. Multiples of 10
C. Equal
D. Positive integers or zero

Correct Answer: Option D


Explanation:
Consistency checks ensure no calculated frequency (e.g., from marginal totals) is negative, as counts cannot be negative; all must be non-negative integers for logical validity.

This question belongs to: Accountancy and Statistics Statistics
Question #3
In a Poisson distribution, mean = variance. If the mean is 4, the probability of exactly 2 occurrences is:
A. e^{-4} 4^2 / 2! ≈ 0.1465
B. 0.1
C. 0.2
D. 0.3

Correct Answer: Option A


Explanation:
P(X=2) = e^{-4} × 16 / 2 = 8 e^{-4} ≈ 8×0.0183=0.1465.

This question belongs to: Accountancy and Statistics Statistics