Crude Death Rate (CDR) for a population of 50,000 with 400 deaths in a year is: MCQ with Answer and Explanation
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Question #1
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Which of the following is a characteristic of a good index number?
Correct Answer: Option A
Explanation:
Desirable properties include satisfying tests like time reversal, factor reversal, circular.
Desirable properties include satisfying tests like time reversal, factor reversal, circular.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Two events A and B are said to be mutually exclusive if:
Correct Answer: Option C
Explanation:
Mutually exclusive events cannot occur simultaneously, meaning their intersection is the empty set (probability is zero).
Mutually exclusive events cannot occur simultaneously, meaning their intersection is the empty set (probability is zero).
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Which test of index numbers is based on the idea that an index should be independent of the units of measurement?
Correct Answer: Option A
Explanation:
Unit test requires that the index number should be independent of the units in which prices or quantities are measured.
Unit test requires that the index number should be independent of the units in which prices or quantities are measured.
This question belongs to:
Accountancy and Statistics
Statistics
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