For two attributes, if (AB) is less than the expected frequency under independence, there is: MCQ with Answer and Explanation

For two attributes, if (AB) is less than the expected frequency under independence, there is:
A. Positive association
B. Perfect association
C. No association
D. Negative association
Answer: Option D
Solution (By JKExamLibrary)
Observed less than expected indicates negative association.

This question belongs to: Accountancy and Statistics Statistics

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The weighted mean of 4, 6, 8 with weights 1, 2, 3 respectively is:
A. 8
B. 6
C. 7
D. 6.67

Correct Answer: Option D


Explanation:
Weighted sum = 4×1+6×2+8×3 = 4+12+24=40. Sum of weights=6. Mean=40/6≈6.67.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
Which of the following is true for an ideal index number?
A. It should use only base period weights.
B. It must satisfy time reversal and factor reversal tests.
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This question belongs to: Accountancy and Statistics Statistics
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If the NRR = 1, the population is:
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Correct Answer: Option C


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NRR=1 implies replacement level.

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