If NRR equals 1, the population is said to be: MCQ with Answer and Explanation

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If NRR equals 1, the population is said to be:

A. Exactly replacing itself

B. Migrating

C. Declining

D. Growing rapidly

Answer: Option A

Solution (By JKExamLibrary)

NRR = 1 implies each generation replaces itself exactly.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

Paasche price index uses quantities of:

A. Average of base and current

B. Current period

C. Any chosen period

D. Base period

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Correct Answer: Option B

Explanation:
Paasche index uses current period quantities as weights.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

Paasche price index is represented by:

A. Σp₁q₁ / Σp₀q₁ × 100

B. Σp₁q₀ / Σp₀q₁ × 100

C. Σp₁q₁ / Σp₀q₀ × 100

D. Σp₁q₀ / Σp₀q₀ × 100

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
Paasche uses current period quantities: Σp₁q₁ / Σp₀q₁ × 100.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Fisher's ideal index is 120 and Laspeyres index is 125. Paasche index is:

A. 117.6

B. 116.0

C. 115.0

D. 115.2

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Correct Answer: Option D

Explanation:
F = √(L×P) ⇒ 120 = √(125×P) ⇒ 14400 = 125×P ⇒ P = 115.2.

This question belongs to: Accountancy and Statistics Statistics

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