The sum of absolute deviations from the median is: MCQ with Answer and Explanation

The sum of absolute deviations from the median is:
A. Equal to variance
B. Minimum
C. Maximum
D. Zero
Answer: Option B
Solution (By JKExamLibrary)
Median minimizes the sum of absolute deviations.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
An ogive is used to determine:
A. Mode
B. Standard deviation
C. Median
D. Mean

Correct Answer: Option C


Explanation:
The median can be read from the ogive at the N/2 cumulative frequency.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
A census is conducted in India under the:
A. Constitution of India
B. National Statistical Commission Act
C. Registration of Births and Deaths Act
D. Census Act, 1948

Correct Answer: Option D


Explanation:
The Census Act, 1948 provides the legal framework for conducting the census.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
Which of the following is a disadvantage of direct personal interview?
A. Low response rate
B. Data not reliable
C. Unsuitable for illiterates
D. High cost and time-consuming

Correct Answer: Option D


Explanation:
Direct interviews require trained staff, travel, and time, making them expensive.

This question belongs to: Accountancy and Statistics Statistics