For a skewed distribution, which measure of central tendency is generally MOST resistant to extreme values? MCQ with Answer and Explanation

For a skewed distribution, which measure of central tendency is generally MOST resistant to extreme values?

A. Mode

B. Geometric mean

C. Arithmetic mean

D. Median

Answer: Option D

Solution (By JKExamLibrary)

The median is the middle value when data is ordered, making it less affected by outliers or extreme values compared to the mean, which incorporates all values in its calculation.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

In a 2×2 contingency table for attributes, if (AB)=30, (Aβ)=20, (αB)=10, (αβ)=40, N is:

A. 80

B. 90

C. 100

D. 110

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Correct Answer: Option C

Explanation:
N = 30+20+10+40 = 100.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

When rolling a fair die, the probability of getting a number greater than 4 is:

A. 1/2

B. 2/3

C. 1/3

D. 1/6

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Correct Answer: Option C

Explanation:
Numbers >4 are 5,6 → 2 out of 6 → probability = 1/3.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Which of the following best describes 'demographic dividend'?

A. Increase in the share of working-age population

B. Increase in fertility

C. Increase in population growth rate

D. Increase in old-age dependency

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Correct Answer: Option A

Explanation:
Demographic dividend refers to the economic growth potential from a larger proportion of working-age people.

This question belongs to: Accountancy and Statistics Statistics

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