In a moderately skewed distribution, the empirical relationship is Mode ≈ 3×Median - 2×Mean. If Mean=60 and Median=58, Mode is approximately: MCQ with Answer and Explanation
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Question #1
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Bayes' theorem is derived from the definition of:
Correct Answer: Option C
Explanation:
Bayes' theorem follows directly from the definition of conditional probability: P(A|B) = P(A∩B)/P(B) and P(B|A) = P(A∩B)/P(A), equating the expressions for P(A∩B).
Bayes' theorem follows directly from the definition of conditional probability: P(A|B) = P(A∩B)/P(B) and P(B|A) = P(A∩B)/P(A), equating the expressions for P(A∩B).
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Standardized death rate is used to:
Correct Answer: Option C
Explanation:
Standardization removes the effect of age composition, enabling fair comparisons.
Standardization removes the effect of age composition, enabling fair comparisons.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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The CPI (Rural) and CPI (Urban) are released by:
Correct Answer: Option C
Explanation:
NSO compiles CPI for rural and urban areas separately.
NSO compiles CPI for rural and urban areas separately.
This question belongs to:
Accountancy and Statistics
Statistics
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