In the chain base method, each link relative is: MCQ with Answer and Explanation
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Question #1
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If a researcher wants to study the association between smoking and lung cancer using a 2×2 table, which coefficient can be used?
Correct Answer: Option D
Explanation:
Yule's Q measures association between two attributes.
Yule's Q measures association between two attributes.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Chain base index numbers are constructed using:
Correct Answer: Option A
Explanation:
Chain indices are compiled by linking relative changes (link relatives) where each period is compared with the immediately preceding period.
Chain indices are compiled by linking relative changes (link relatives) where each period is compared with the immediately preceding period.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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For a dataset with an outlier, the median is preferred over the mean because the median is:
Correct Answer: Option C
Explanation:
The median depends only on the middle observation(s) in ordered data, making it robust to outliers that can disproportionately influence the mean's value.
The median depends only on the middle observation(s) in ordered data, making it robust to outliers that can disproportionately influence the mean's value.
This question belongs to:
Accountancy and Statistics
Statistics
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