Quantitative Methods Q102
102The discount rate set by the central bank of country XYZ for the past 6 quarters is shown below:
| Quarter | Discount Rate | Quarter | Discount Rate |
| 1 | 10.0% | 4 | 8.5% |
| 2 | 10.5% | 5 | 9.6% |
| 3 | 11.4% | 6 | 11.5% |
The sample mean rate for the 6 quarters is closest to:
- Option : A
- Explanation : Sample Mean = ∑t=Xi / N = (10.0 + 10.5 + 11.4 + 8.5 + 9.6 + 11.5) / 6 = 10.25%
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