Age Specific Fertility Rate (ASFR) for age group 20-24 uses denominator: MCQ with Answer and Explanation
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Question #1
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If the arithmetic mean of a sample is 20 and median is 22, the distribution is likely:
Correct Answer: Option D
Explanation:
Mean < Median suggests negative skewness (left-skewed).
Mean < Median suggests negative skewness (left-skewed).
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Assertion (A): Fisher's index is called 'ideal' because it satisfies important mathematical tests. Reason (R): It is the geometric mean of Laspeyres and Paasche indices, balancing their biases.
Correct Answer: Option A
Explanation:
Fisher's index earns the 'ideal' designation by satisfying time reversal and factor reversal tests, achieved through its geometric mean formulation that mitigates the upward bias of Laspeyres and downward bias of Paasche.
Fisher's index earns the 'ideal' designation by satisfying time reversal and factor reversal tests, achieved through its geometric mean formulation that mitigates the upward bias of Laspeyres and downward bias of Paasche.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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If the occurrence of one event precludes the occurrence of another, the events are:
Correct Answer: Option D
Explanation:
Mutually exclusive means disjoint events; if one happens, the other definitively cannot.
Mutually exclusive means disjoint events; if one happens, the other definitively cannot.
This question belongs to:
Accountancy and Statistics
Statistics
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