Bayes' theorem is a formula to calculate: MCQ with Answer and Explanation
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Question #1
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Which formula uses the arithmetic mean of base and current year quantities as weights?
Correct Answer: Option C
Explanation:
Marshall-Edgeworth uses the sum (or arithmetic average) of quantities from both years: w = (q0 + q1).
Marshall-Edgeworth uses the sum (or arithmetic average) of quantities from both years: w = (q0 + q1).
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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In demography, 'population momentum' refers to:
Correct Answer: Option C
Explanation:
Population momentum occurs when a young age structure (many future parents) causes growth to continue for decades even after fertility falls to replacement level, as births exceed deaths temporarily.
Population momentum occurs when a young age structure (many future parents) causes growth to continue for decades even after fertility falls to replacement level, as births exceed deaths temporarily.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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What is secondary data?
Correct Answer: Option B
Explanation:
Secondary data is data that has already been collected by someone else and is available for use.
Secondary data is data that has already been collected by someone else and is available for use.
This question belongs to:
Accountancy and Statistics
Statistics
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