Which measure of central tendency is most suitable for averaging rates, ratios, and speeds over equal distances? MCQ with Answer and Explanation

Which measure of central tendency is most suitable for averaging rates, ratios, and speeds over equal distances?
A. Harmonic Mean
B. Arithmetic Mean
C. Geometric Mean
D. Weighted Mean
Answer: Option A
Solution (By JKExamLibrary)
Harmonic mean is mathematically appropriate for averaging rates and speeds when the distance is constant.

This question belongs to: Accountancy and Statistics Statistics

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1 Report Error
General Fertility Rate (GFR) is expressed per:
A. 10,000 total population
B. 1,000 live births
C. 100 women
D. 1,000 women aged 15-49 years

Correct Answer: Option D


Explanation:
GFR = (Live births in a year / Mid-year population of women aged 15-49) × 1,000, standardizing fertility measurement to the population at risk of childbearing.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
Total Fertility Rate (TFR) is interpreted as:
A. Births per 1000 mid-year population
B. The average number of children a woman would have if she survived to the end of her childbearing years and experienced current age-specific fertility rates
C. The number of daughters born to a cohort of 1000 women
D. Total births minus total infant deaths

Correct Answer: Option B


Explanation:
TFR is a synthetic cohort measure estimating the total number of children a woman will bear in her lifetime.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
Consider the following statements about primary data: 1. It is collected directly by the investigator. 2. It is always more reliable than secondary data. 3. It is economical in terms of time and cost. Which of the statements is/are correct?
A. 1 only
B. 1 and 2 only
C. 2 only
D. 1 and 3 only

Correct Answer: Option A


Explanation:
Primary data is collected firsthand (1 correct). It is not necessarily more reliable than secondary data, and it is more expensive and time-consuming (2,3 false).

This question belongs to: Accountancy and Statistics Statistics