Measures of Central Tendency and DispersionMCQPYQ Jan. 21Question 2993 of 473
All Questions

From the record on sizes of shoes sold in a shop, one can compute the following to determine the most preferred shoe size.

Options

AMean
BMedian
CMode
DRange
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option cMode

All Options:

  • AMean
  • BMedian
  • CMode
  • DRange

Ad

Detailed Solution & Explanation

**Step 1: Understand what is being asked.** We need to determine the most preferred shoe size — i.e., the size that sells the most frequently. **Step 2: Identify the appropriate measure.** - **Mean** gives the arithmetic average of all shoe sizes. A mean shoe size of say 7.3 has no meaning since shoe sizes are discrete. - **Median** gives the middle value when data is arranged. Not useful for identifying the most sold size. - **Mode** is the value that occurs most frequently in a dataset — it directly gives the most popular/preferred shoe size. - **Range** gives the spread of the data, not the most popular value. **Step 3: Conclusion.** Since we want the most preferred (most frequently bought) shoe size, the correct measure is the **Mode**. Hence, **Option C** 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.

Related Comparison Tables

More Questions from Measures of Central Tendency and Dispersion

Ready to Master Measures of Central Tendency and Dispersion?

Practice all 473 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free