Statistics MCQs

Practice complete Statistics MCQs covering Primary & Secondary Data, Data Collection Methods, Questionnaire, Tabulation & Compilation of Data, Measures of Central Tendency, Probability, Theory of Attributes, Index Numbers, Demography, Census, Vital Statistics, Fertility Measures, and all other important topics. Includes chapter-wise and exam-oriented multiple choice questions with detailed answers and explanations for JKSSB, SSC, Banking, UPSC, CUET, University, and other competitive exams.

1318 Total
Question #181 Report Error
A committee of 4 is to be selected from 5 men and 4 women. The probability that the committee has exactly 2 women is:
A. 10/21
B. 5/9
C. 1/2
D. 20/63

Correct Answer: Option A


Explanation:
Total ways C(9,4)=126. Favorable: C(4,2)×C(5,2)=6×10=60. Probability = 60/126 = 10/21.

This question belongs to: Accountancy and Statistics Statistics
Question #182 Report Error
If P(A)=0.4, P(B)=0.5, and A and B are independent, then P(A' ∩ B') equals:
A. 0.1
B. 0.2
C. 0.9
D. 0.3

Correct Answer: Option D


Explanation:
P(A')=0.6, P(B')=0.5, independence ⇒ P(A'∩B') = 0.6 × 0.5 = 0.3.

This question belongs to: Accountancy and Statistics Statistics
Question #183 Report Error
Given P(A)=0.6, P(B)=0.5, P(A∪B)=0.9, then P(A|B) is:
A. 0.5
B. 0.2
C. 0.8
D. 0.4

Correct Answer: Option D


Explanation:
P(A∩B) = 0.6+0.5-0.9 = 0.2. P(A|B) = 0.2/0.5 = 0.4.

This question belongs to: Accountancy and Statistics Statistics
Question #184 Report Error
Bayes' theorem is primarily used to compute:
A. Posterior probability
B. Joint probability
C. Prior probability
D. Marginal probability

Correct Answer: Option A


Explanation:
Bayes' theorem updates prior beliefs with new evidence to yield posterior probabilities.

This question belongs to: Accountancy and Statistics Statistics
Question #185 Report Error
For two attributes, the number of ultimate class frequencies is:
A. 4
B. 9
C. 8
D. 2

Correct Answer: Option A


Explanation:
With two attributes, there are 2² = 4 mutually exclusive classes (AB, Aβ, αB, αβ).

This question belongs to: Accountancy and Statistics Statistics
Question #186 Report Error
The consistency condition (A) ≥ (AB) is:
A. A necessary condition for data consistency
B. Both A and C
C. Always true
D. Sometimes false

Correct Answer: Option B


Explanation:
It is always logically true that the number possessing A cannot be less than those possessing both A and B, and it is required for consistency.

This question belongs to: Accountancy and Statistics Statistics
Question #187 Report Error
If (AB)=0, then the association between A and B indicates:
A. No conclusion
B. Positive association
C. Complete disassociation (perfect negative)
D. Complete independence

Correct Answer: Option C


Explanation:
(AB)=0 means the two attributes never occur together, indicating complete negative association (disassociation).

This question belongs to: Accountancy and Statistics Statistics
Question #188 Report Error
The chain base index number is calculated by:
A. Applying Fisher's formula
B. Taking average of Laspeyres and Paasche
C. Using link relatives and chaining them
D. Linking fixed base index numbers

Correct Answer: Option C


Explanation:
Chain indices are built by multiplying link relatives (current period relative to previous period).

This question belongs to: Accountancy and Statistics Statistics
Question #189 Report Error
If the price index for 2020 with base 2015 is 125, and for 2025 with base 2020 is 120, the index for 2025 with base 2015 using chain method is:
A. 140
B. 125 × 1.2 = 150
C. 150
D. 145

Correct Answer: Option B


Explanation:
Chain index = 125 × (120/100) = 125 × 1.2 = 150.

This question belongs to: Accountancy and Statistics Statistics
Question #190 Report Error
The base year of All India CPI (Combined) currently is:
A. 2012
B. 2010
C. 2016
D. 2011-12

Correct Answer: Option A


Explanation:
The new series of CPI (Rural, Urban, Combined) has base year 2012.

This question belongs to: Accountancy and Statistics Statistics
Question #191 Report Error
The primary measure of inflation used by RBI for monetary policy is:
A. Wholesale Price Index
B. Consumer food price index
C. CPI (Combined)
D. GDP deflator

Correct Answer: Option C


Explanation:
RBI adopted the CPI (Combined) as the key measure of inflation for policy targets.

This question belongs to: Accountancy and Statistics Statistics
Question #192 Report Error
The dependency ratio is the ratio of:
A. Male to female population
B. Working population to total population
C. Children to elderly
D. Dependent population (0-14 and 65+) to working-age population (15-64)

Correct Answer: Option D


Explanation:
Dependency ratio = (population 0-14 + 65+) / (population 15-64), measuring economic burden.

This question belongs to: Accountancy and Statistics Statistics
Question #193 Report Error
Crude birth rate for a population of 200,000 with 4,000 live births in a year is:
A. 2 per 1000
B. 20 per 1000
C. 50 per 1000
D. 0.2 per 1000

Correct Answer: Option B


Explanation:
CBR = (4000 / 200000) × 1000 = 0.02 × 1000 = 20 per 1000.

This question belongs to: Accountancy and Statistics Statistics
Question #194 Report Error
In most human populations, the age group with the highest age-specific fertility rate is typically:
A. 30-34
B. 15-19
C. 20-24
D. 40-44

Correct Answer: Option C


Explanation:
Fertility peaks in the 20-24 or 25-29 age range; commonly 20-24 is the highest in many populations.

This question belongs to: Accountancy and Statistics Statistics
Question #195 Report Error
The Maternal Mortality Ratio (MMR) in India has recently declined to around:
A. 300 per 100,000
B. 113 per 100,000 live births
C. 200 per 100,000
D. 50 per 100,000

Correct Answer: Option B


Explanation:
As per SRS 2016-18, India's MMR was 113 per 100,000 live births.

This question belongs to: Accountancy and Statistics Statistics
Question #196 Report Error
Vital statistics are used for:
A. Actuarial calculations
B. Planning health services
C. Estimating population growth
D. All of the above

Correct Answer: Option D


Explanation:
Vital statistics inform public health planning, demographic estimates, and insurance mathematics.

This question belongs to: Accountancy and Statistics Statistics
Question #197 Report Error
Infant Mortality Rate is considered a sensitive indicator of:
A. Urbanization rate
B. Fertility level
C. Migration patterns
D. Overall health status and socio-economic development

Correct Answer: Option D


Explanation:
IMR reflects the quality of healthcare, nutrition, and living conditions, especially for the most vulnerable.

This question belongs to: Accountancy and Statistics Statistics
Question #198 Report Error
In a Laspeyres price index, the weights are:
A. Current period prices
B. Base period quantities
C. Current period quantities
D. Base period prices

Correct Answer: Option B


Explanation:
Laspeyres index weights items by base period quantities, keeping the basket constant.

This question belongs to: Accountancy and Statistics Statistics
Question #199 Report Error
If Σp₁q₀ = 720 and Σp₀q₀ = 600, the Laspeyres price index is:
A. 83.33
B. 120
C. 1200
D. 60

Correct Answer: Option B


Explanation:
P_L = 720/600 × 100 = 120.

This question belongs to: Accountancy and Statistics Statistics
Question #200 Report Error
Which of the following statements is true?
A. Fisher's index is the median of Laspeyres and Paasche
B. Fisher's index is the harmonic mean of Laspeyres and Paasche
C. Fisher's index is the geometric mean of Laspeyres and Paasche
D. Fisher's index is the arithmetic mean of Laspeyres and Paasche

Correct Answer: Option C


Explanation:
Fisher's ideal index = √(Laspeyres × Paasche).

This question belongs to: Accountancy and Statistics Statistics

More Accountancy and Statistics Topics