Fisher's ideal index for quantity is the geometric mean of: MCQ with Answer and Explanation
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Question #1
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The proportion of the total population in the age group 15-59 is called:
Correct Answer: Option D
Explanation:
It is the share of the population that is potentially economically active.
It is the share of the population that is potentially economically active.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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In a statistical table, the column headings are technically referred to as:
Correct Answer: Option B
Explanation:
Captions refer to the headings of the columns in a table, whereas stubs refer to the row headings.
Captions refer to the headings of the columns in a table, whereas stubs refer to the row headings.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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The median is the best measure of central tendency when:
Correct Answer: Option A
Explanation:
Median is robust to outliers, unlike mean.
Median is robust to outliers, unlike mean.
This question belongs to:
Accountancy and Statistics
Statistics
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