Bayes' theorem is based on the concept of: MCQ with Answer and Explanation

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Bayes' theorem is based on the concept of:

A. Conditional probability

B. Joint probability only

C. Disjoint events

D. Unconditional probability

Answer: Option A

Solution (By JKExamLibrary)

Bayes' theorem expresses the conditional probability P(A|B) in terms of P(B|A) and prior probabilities.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

The data collected from a sample is:

A. Census

B. Vital registration

C. Sample survey data

D. Complete enumeration

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Correct Answer: Option C

Explanation:
Sample survey collects data from a subset of the population.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

If a die is rolled, the sample space is:

A. {2,4,6}

B. {0,1,2,3,4,5,6}

C. {1,2,3,4,5,6}

D. {1,2,3,4,5}

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Correct Answer: Option C

Explanation:
A fair die has six possible outcomes: 1,2,3,4,5,6.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Age-Specific Fertility Rate for 30-34 years is 100 per 1,000 women. This implies that:

A. Women in this group have 100 children on average

B. This age group contributes 100 to the TFR

C. 10% of women in this age group give birth annually

D. For every 1,000 women aged 30-34, there are 100 live births in a year

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Correct Answer: Option D

Explanation:
ASFR = (Births to women in age group / Women in age group) × 1,000. An ASFR of 100 means 100 annual births per 1,000 women aged 30-34, reflecting age-specific fertility behavior.

This question belongs to: Accountancy and Statistics Statistics

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