Which of the following statements is true for the geometric mean? MCQ with Answer and Explanation

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Which of the following statements is true for the geometric mean?

A. GM can be calculated for data containing negative values.

B. GM is suitable for averaging ratios and percentages.

C. GM = 0 if all values are positive.

D. GM is always greater than AM.

Answer: Option B

Solution (By JKSSB Mock Tests)

GM is appropriate for multiplicative data like growth rates. It cannot handle negatives, and GM ≤ AM.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Assertion (A): Mailed questionnaire method is suitable when the informants are illiterate. Reason (R): Mailed questionnaire does not require any personal interaction. Choose the correct option:

A. A is false, R is true

B. A is true, R is false

C. Both A and R are true, but R is not the correct explanation of A

D. Both A and R are true, and R is the correct explanation of A

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Correct Answer: Option A

Explanation:
Mailed questionnaire is unsuitable for illiterates because they cannot read/write. The reason (no personal interaction) is true but does not make it suitable for illiterates; in fact, it makes it worse.

This question belongs to: Accountancy and Statistics Statistics