Which measure of central tendency divides a dataset into two equal halves? MCQ with Answer and Explanation

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Which measure of central tendency divides a dataset into two equal halves?

A. Arithmetic Mean

B. Median

C. Mode

D. Geometric Mean

Answer: Option B

Solution (By JKSSB Mock Tests)

The median is the positional average that exactly bisects the ordered dataset.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The crude birth rate does not account for:

A. Mid-year population

B. Total population

C. Number of live births

D. Age and sex composition

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Correct Answer: Option D

Explanation:
CBR uses total population as denominator, ignoring the proportion of women of childbearing age.

This question belongs to: Accountancy and Statistics Statistics

Question #2

If the CPI increased from 150 to 165 over a year, the inflation rate based on CPI is:

A. 10%

B. 65%

C. 16.5%

D. 15%

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Correct Answer: Option A

Explanation:
Inflation rate = [(New CPI - Old CPI) / Old CPI] × 100 = (165 - 150)/150 × 100 = 15/150 × 100 = 10%. This measures the percentage increase in the price level.

This question belongs to: Accountancy and Statistics Statistics

Question #3

If a fair die is rolled twice, the probability that the first roll is a 4 and the second roll is a 5 is:

A. 1/36

B. 1/6

C. 1/12

D. 1/18

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Correct Answer: Option A

Explanation:
Independent events: (1/6)×(1/6)=1/36.

This question belongs to: Accountancy and Statistics Statistics

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