The geometric mean is preferred for averaging: MCQ with Answer and Explanation

The geometric mean is preferred for averaging:
A. Test scores
B. Temperatures
C. Heights of students
D. Percentage growth rates
Answer: Option D
Solution (By JKExamLibrary)
Geometric mean is suitable for averaging ratios and rates of change over time.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
If the arithmetic mean of 10 numbers is 40 and the mean of the same numbers after subtracting a constant from each is 25, the constant subtracted was:
A. 10
B. 25
C. 15
D. 20

Correct Answer: Option C


Explanation:
New mean = old mean - constant ⇒ 25 = 40 - k ⇒ k = 15.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
When evaluating secondary data for research, which factor is LEAST critical to assess?
A. The timeliness and relevance of the data to current objectives
B. The credibility and methodology of the source
C. The color scheme used in the original report's charts
D. The original purpose for which the data was collected

Correct Answer: Option C


Explanation:
The visual design elements like color schemes in reports do not affect data validity; critical evaluation focuses on source credibility, methodology, relevance, and timeliness.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
In probability, the sample space for drawing one card from a standard deck has how many outcomes?
A. 4
B. 52
C. 26
D. 13

Correct Answer: Option B


Explanation:
A standard deck has 52 distinct cards (4 suits × 13 ranks), so the sample space for a single draw contains 52 equally likely elementary outcomes.

This question belongs to: Accountancy and Statistics Statistics