To find the average of proportions, ratios, and percentages, the most appropriate mathematical average is: MCQ with Answer and Explanation

Question
To find the average of proportions, ratios, and percentages, the most appropriate mathematical average is:
A. Median
B. Harmonic Mean
C. Geometric Mean
D. Arithmetic Mean
Answer: Option C
Solution (By JKSSB Mock Tests)
Geometric mean is mathematically the only correct average for analyzing multiplicative processes like ratios and percentages.
This question belongs to: Accountancy and Statistics Statistics
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Practice More Statistics Questions

Question #1
Which of the following statements is true about the median?
A. It is heavily influenced by outliers.
B. It is the 50th percentile.
C. It is always unique.
D. It cannot be computed for grouped data.
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Correct Answer: Option B

Explanation:
Median is the 50th percentile. It is unique for a given dataset (may be an interval for grouped). It can be computed for grouped data and is robust to outliers.
This question belongs to: Accountancy and Statistics Statistics
Question #2
Which of the following is a vital event?
A. Marriage
B. Employment
C. Migration
D. Enrollment in school
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Correct Answer: Option A

Explanation:
Vital events include births, deaths, marriages, divorces.
This question belongs to: Accountancy and Statistics Statistics
Question #3
The NRR can be interpreted as the average number of:
A. Children per woman
B. Live births per 1000 women
C. Sons per woman
D. Daughters per woman who survive to reproductive age
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Correct Answer: Option D

Explanation:
NRR accounts for both fertility and mortality of women.
This question belongs to: Accountancy and Statistics Statistics
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