The CA Hub

PRC-2 · Chapter 8 · Question 49 of 60

What is the median of the following ungrouped dataset containing an even number of observations: 12, 16, 24, 30?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) 20

Explanation

For an even number of sequentially ordered observations, the median is the arithmetic average of the two central values. Here, (16 + 24) / 2 = 40 / 2 = 20.

All 60 questions in Chapter 8Statistical Measures of Data MCQs with answers

More Statistical Measures of Data MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →