Bayes' theorem is particularly useful in: MCQ with Answer and Explanation
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Question #1
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If the price index for 2021 (base 2020) is 110 and for 2022 (base 2021) is 105, the chain index for 2022 with base 2020 is:
Correct Answer: Option A
Explanation:
Chain index = 110 × (105/100) = 115.5.
Chain index = 110 × (105/100) = 115.5.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Which reproduction rate indicates the exact potential of a population to replace itself?
Correct Answer: Option D
Explanation:
Net Reproduction Rate (NRR) accounts for female mortality before reaching the end of the reproductive period.
Net Reproduction Rate (NRR) accounts for female mortality before reaching the end of the reproductive period.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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General Fertility Rate (GFR) is higher than Crude Birth Rate (CBR) when:
Correct Answer: Option B
Explanation:
GFR denominator is only women 15-49, while CBR uses total population. If this group is a small share of total population (e.g., aging society), GFR > CBR because the same births are divided by a smaller denominator.
GFR denominator is only women 15-49, while CBR uses total population. If this group is a small share of total population (e.g., aging society), GFR > CBR because the same births are divided by a smaller denominator.
This question belongs to:
Accountancy and Statistics
Statistics
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