Gross Reproduction Rate (GRR) focuses exclusively on: MCQ with Answer and Explanation
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Question #1
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If Σp₁q₀ = 720 and Σp₀q₀ = 600, the Laspeyres price index is:
Correct Answer: Option A
Explanation:
P_L = 720/600 × 100 = 120.
P_L = 720/600 × 100 = 120.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Two events A and B are called complementary if:
Correct Answer: Option B
Explanation:
Complementary events partition the sample space; one is the complement of the other.
Complementary events partition the sample space; one is the complement of the other.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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If P(A)=0.5, P(B)=0.4, P(A∩B)=0.3, then P(A but not B) is:
Correct Answer: Option B
Explanation:
P(A∩B') = P(A) - P(A∩B) = 0.5 - 0.3 = 0.2.
P(A∩B') = P(A) - P(A∩B) = 0.5 - 0.3 = 0.2.
This question belongs to:
Accountancy and Statistics
Statistics
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