Which mean is the largest for a set of positive numbers? MCQ with Answer and Explanation

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Which mean is the largest for a set of positive numbers?

A. Geometric mean

B. All are equal

C. Harmonic mean

D. Arithmetic mean

Answer: Option D

Solution (By JKSSB Mock Tests)

For positive numbers, AM ≥ GM ≥ HM.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Which of the following is a disadvantage of direct personal interview?

A. Unsuitable for illiterates

B. Data not reliable

C. High cost and time-consuming

D. Low response rate

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Correct Answer: Option C

Explanation:
Direct interviews require trained staff, travel, and time, making them expensive.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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Chain base index numbers compare each period with:

A. The immediately preceding period

B. The first period

C. An average period

D. A fixed base period

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Correct Answer: Option A

Explanation:
Chain base indices use link relatives, where each period is the base for the next.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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In a pie chart, the angle of a sector for a category with frequency 30 out of total 120 is:

A. 90°

B. 60°

C. 30°

D. 120°

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Correct Answer: Option A

Explanation:
Angle = (30/120) × 360 = 90°.

This question belongs to: Accountancy and Statistics Statistics

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