Which of the following statements is true about the median? MCQ with Answer and Explanation

Which of the following statements is true about the median?
A. It is heavily influenced by outliers.
B. It cannot be computed for grouped data.
C. It is the 50th percentile.
D. It is always unique.
Answer: Option C
Solution (By JKSSB Mock Tests)
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.

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Practice More Statistics Questions

Question #1
Assertion (A): In any probability distribution, P(A) + P(A') = 1. Reason (R): A and A' are mutually exclusive and exhaustive events. Choose the correct option:
A. Both A and R are true, but R is not the correct explanation of A
B. Both A and R are true, and R is the correct explanation of A
C. A is false, R is true
D. A is true, R is false

Correct Answer: Option B


Explanation:
Complementary events partition the sample space, so their probabilities sum to 1. R correctly explains A.

This question belongs to: Accountancy and Statistics Statistics
Question #2
The literacy rate in India as per 2011 Census is:
A. 65.38%
B. 90.0%
C. 82.14%
D. 74.04%

Correct Answer: Option D


Explanation:
The overall literacy rate was 74.04%.

This question belongs to: Accountancy and Statistics Statistics
Question #3
If in a moderately skewed distribution mean = 30 and median = 28, the empirical mode is approximately:
A. 22
B. 32
C. 26
D. 24

Correct Answer: Option D


Explanation:
Using the empirical relation: Mode ≈ 3Median - 2Mean = 3×28 - 2×30 = 84 - 60 = 24.

This question belongs to: Accountancy and Statistics Statistics