Gross Reproduction Rate (GRR) of 1.5 means: MCQ with Answer and Explanation
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Question #1
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Laspeyres price index is 115 and Paasche price index is 110. The Bowley index (arithmetic mean of L and P) is approximately:
Correct Answer: Option D
Explanation:
Bowley index = (L+P)/2 = (115+110)/2 = 112.5. (Note: some books call Marshall-Edgeworth-Bowley index, but this is simple arithmetic average).
Bowley index = (L+P)/2 = (115+110)/2 = 112.5. (Note: some books call Marshall-Edgeworth-Bowley index, but this is simple arithmetic average).
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Accountancy and Statistics
Statistics
Question #2
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TFR of 2.1 children per woman is called replacement-level fertility because it:
Correct Answer: Option A
Explanation:
TFR of about 2.1 ensures each generation exactly replaces itself (assuming low mortality), leading to eventual zero growth.
TFR of about 2.1 ensures each generation exactly replaces itself (assuming low mortality), leading to eventual zero growth.
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Accountancy and Statistics
Statistics
Question #3
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A Census aims at:
Correct Answer: Option C
Explanation:
Census is the process of collecting data about every individual in the country at a specific point in time.
Census is the process of collecting data about every individual in the country at a specific point in time.
This question belongs to:
Accountancy and Statistics
Statistics
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