For a dataset, if all values are multiplied by a constant k, the new arithmetic mean is: MCQ with Answer and Explanation

For a dataset, if all values are multiplied by a constant k, the new arithmetic mean is:
A. Multiplied by k
B. Divided by k
C. Unchanged
D. Multiplied by k²
Answer: Option A
Solution (By JKExamLibrary)
Mean is linear: if x̄ is original mean, new mean = Σ(kx)/n = kΣx/n = kx̄. This property is useful for unit conversions (e.g., meters to centimeters).

This question belongs to: Accountancy and Statistics Statistics

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