If the Laspeyres price index for a commodity basket is 140 and the Paasche is 135, Fisher's index is: MCQ with Answer and Explanation
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Question #1
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The primary use of vital statistics is to:
Correct Answer: Option B
Explanation:
Vital statistics provide critical inputs for public health planning, evaluating healthcare interventions, forecasting population trends, and formulating social policies related to fertility, mortality, and family welfare.
Vital statistics provide critical inputs for public health planning, evaluating healthcare interventions, forecasting population trends, and formulating social policies related to fertility, mortality, and family welfare.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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The combined mean of two groups of sizes n₁ and n₂ with means x̄₁ and x̄₂ is given by:
Correct Answer: Option C
Explanation:
Combined mean is a weighted average.
Combined mean is a weighted average.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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In a Poisson distribution, P(X=0) = e^{-λ}. If λ=2, P(X=0) is about:
Correct Answer: Option A
Explanation:
e^{-2} ≈ 0.1353.
e^{-2} ≈ 0.1353.
This question belongs to:
Accountancy and Statistics
Statistics
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