Cost of Living Index (CLI) is conceptually synonymous with: MCQ with Answer and Explanation
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Question #1
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Total Fertility Rate (TFR) of 1.8 in a developed country suggests:
Correct Answer: Option B
Explanation:
Replacement-level TFR is ~2.1 in low-mortality settings; TFR=1.8 indicates each generation of women has fewer daughters than needed for replacement, leading to eventual population decline without immigration.
Replacement-level TFR is ~2.1 in low-mortality settings; TFR=1.8 indicates each generation of women has fewer daughters than needed for replacement, leading to eventual population decline without immigration.
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Accountancy and Statistics
Statistics
Question #2
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If P(A) = 0.4, P(B) = 0.5, and A and B are independent events, what is P(A ∪ B)?
Correct Answer: Option D
Explanation:
For independent events, P(A ∩ B) = 0.4 × 0.5 = 0.2. Using the addition theorem: P(A ∪ B) = 0.4 + 0.5 - 0.2 = 0.7.
For independent events, P(A ∩ B) = 0.4 × 0.5 = 0.2. Using the addition theorem: P(A ∪ B) = 0.4 + 0.5 - 0.2 = 0.7.
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Accountancy and Statistics
Statistics
Question #3
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If (AB)=(A)(B)/N, the attributes are:
Correct Answer: Option B
Explanation:
That equation is the condition for independence of attributes.
That equation is the condition for independence of attributes.
This question belongs to:
Accountancy and Statistics
Statistics
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