Gross Reproduction Rate (GRR) of 1.0 means that, on average, each woman has: MCQ with Answer and Explanation

Gross Reproduction Rate (GRR) of 1.0 means that, on average, each woman has:
A. One daughter
B. Two children
C. One child
D. One son
Answer: Option A
Solution (By JKExamLibrary)
GRR counts only female births; GRR=1.0 indicates each woman has exactly one daughter on average, suggesting potential replacement of the female population if mortality is ignored.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
A question that offers the respondent a list of predefined answers to choose from is called:
A. Double-barreled question
B. Open-ended question
C. Closed-ended question
D. Leading question

Correct Answer: Option C


Explanation:
Closed-ended questions provide response options, making data coding easier, whereas open-ended allow free response.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
Which index number is most commonly used to measure inflation and changes in the purchasing power of money for standard households?
A. Consumer Price Index (Cost of Living Index)
B. Sensex
C. Index of Industrial Production
D. Wholesale Price Index

Correct Answer: Option A


Explanation:
The CPI (or Cost of Living Index) measures the average change in prices paid by consumers for a basket of goods and services.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
The time reversal test checks whether an index number yields consistent results when:
A. Weights are changed
B. Units are changed
C. The base and current periods are reversed
D. The formula is applied to different data

Correct Answer: Option C


Explanation:
The product of the forward and backward indices should be 1.

This question belongs to: Accountancy and Statistics Statistics