Measures of Central Tendency and DispersionMCQMTP Oct 21Question 2978 of 473
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The median of 27,30,26,44,42,51,37\displaystyle 27, 30, 26, 44, 42, 51, 37 is

Options

A30\displaystyle 30
B42\displaystyle 42
C44\displaystyle 44
D37\displaystyle 37
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Correct Answer

Option d37\displaystyle 37

All Options:

  • A30\displaystyle 30
  • B42\displaystyle 42
  • C44\displaystyle 44
  • D37\displaystyle 37

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Detailed Solution & Explanation

We are given the observations: 27,30,26,44,42,51,37\displaystyle 27, 30, 26, 44, 42, 51, 37. 1. Arrange the observations in ascending order: 26,27,30,37,42,44,5126, 27, 30, 37, 42, 44, 51 Here, the number of observations is n=7\displaystyle n = 7 (which is odd). 2. The median is the n+12th\displaystyle \frac{n+1}{2}^{\text{th}} observation: Position of Median=7+12=4th observation\text{Position of Median} = \frac{7+1}{2} = 4^{\text{th}} \text{ observation} 3. The 4th\displaystyle 4^{\text{th}} observation in the ordered list is 37\displaystyle 37. Therefore, the median value is 37\displaystyle 37. Hence, **Option D** is the correct answer.

About This Chapter: Measures of Central Tendency and Dispersion

Paper

Paper 3: Quantitative Aptitude

Weightage

12-15 Marks

Key Topics

Mean, Median, Mode, Range, Mean Deviation, Standard Deviation

The core foundation of Statistics. This chapter covers Mean (Arithmetic, Geometric, Harmonic), Median, Mode, and their properties. It also explores measures of spread like Range, Mean Deviation, Standard Deviation, and Quartile Deviation.

View Official ICAI Syllabus

Exam Strategy Tip

Do not just memorize formulas; ICAI loves asking about the mathematical properties (e.g., 'sum of deviations from the AM is always zero'). You can usually eliminate 2 options just by knowing the properties.

Key Concepts to Understand

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