The weighted harmonic mean is used to average: MCQ with Answer and Explanation

The weighted harmonic mean is used to average:
A. Growth rates
B. Performance ratios when weights are proportional to denominator
C. Speeds when distances vary
D. Prices when expenditures are equal
Answer: Option B
Solution (By JKExamLibrary)
Weighted harmonic mean is appropriate when the weights correspond to the denominator of the ratio.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Which of the following statements about demography is true?
A. Migration does not affect population change.
B. Demography studies only population size.
C. Vital statistics do not include marriages.
D. Census is a demographic tool for complete enumeration.

Correct Answer: Option D


Explanation:
Census is a complete count of a population. Demography also studies composition, distribution; vital statistics includes marriages; migration affects population change.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
If the Net Reproduction Rate (NRR) is exactly 1, what does it signify for the population over the long term, assuming no migration?
A. The population will double in one generation
B. The population will eventually shrink
C. The population will grow exponentially
D. The population is exactly replacing itself

Correct Answer: Option D


Explanation:
An NRR of 1 means each woman is replacing herself with exactly one surviving daughter, indicating replacement-level fertility.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
Yule's coefficient of association Q is calculated using frequencies from a:
A. 2×2 contingency table for two binary attributes
B. Scatter plot
C. Time series data
D. Frequency distribution table

Correct Answer: Option A


Explanation:
Yule's Q = [(AB)(αβ) - (Aβ)(αB)] / [(AB)(αβ) + (Aβ)(αB)], requiring the four cell frequencies of a 2×2 table cross-classifying two dichotomous attributes.

This question belongs to: Accountancy and Statistics Statistics