Which measure of central tendency is most suitable for averaging rates, ratios, and speeds over equal distances? MCQ with Answer and Explanation

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Which measure of central tendency is most suitable for averaging rates, ratios, and speeds over equal distances?

A. Geometric Mean

B. Weighted Mean

C. Harmonic Mean

D. Arithmetic Mean

Answer: Option C

Solution (By JKSSB Mock Tests)

Harmonic mean is mathematically appropriate for averaging rates and speeds when the distance is constant.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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If two attributes have perfect positive association, then:

A. (AB) = (A) = (B)

B. (A) = (B)

C. (AB) = 0

D. (αβ) = 0

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Correct Answer: Option A

Explanation:
Perfect positive association means all A's are B's and all B's are A's, so (AB) equals both marginals.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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The heading of a column in a table is known as:

A. Footnote

B. Caption

C. Stub

D. Title

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Correct Answer: Option B

Explanation:
Caption or box-head provides headings for columns.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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The sum of absolute deviations is minimized by:

A. Mean

B. Median

C. Mode

D. Geometric mean

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Correct Answer: Option B

Explanation:
Median minimizes Σ |x - M|.

This question belongs to: Accountancy and Statistics Statistics

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