In Fisher's ideal index, which mean is used to combine Laspeyres and Paasche indices? MCQ with Answer and Explanation
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Question #1
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If P(A)=0.3, P(B)=0.5, and P(A∩B)=0.15, then A and B are:
Correct Answer: Option B
Explanation:
P(A)P(B) = 0.3×0.5 = 0.15 = P(A∩B), satisfying the condition for independence.
P(A)P(B) = 0.3×0.5 = 0.15 = P(A∩B), satisfying the condition for independence.
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Accountancy and Statistics
Statistics
Question #2
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Which of the following is true about the mode?
Correct Answer: Option B
Explanation:
A distribution can be bimodal or multimodal.
A distribution can be bimodal or multimodal.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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A key limitation of Crude Birth Rate is that it:
Correct Answer: Option D
Explanation:
CBR uses total population in the denominator, so populations with more women of reproductive age will have higher CBR even if age-specific fertility is identical, limiting comparability.
CBR uses total population in the denominator, so populations with more women of reproductive age will have higher CBR even if age-specific fertility is identical, limiting comparability.
This question belongs to:
Accountancy and Statistics
Statistics
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