In the theory of attributes, (AB) denotes the number of objects possessing: MCQ with Answer and Explanation

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In the theory of attributes, (AB) denotes the number of objects possessing:

A. Only attribute B

B. Only attribute A

C. Both attributes A and B

D. Neither A nor B

Answer: Option C

Solution (By JKExamLibrary)

(AB) is the frequency of objects having both A and B.

This question belongs to: Accountancy and Statistics Statistics

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Laspeyres price index uses weights of:

A. Fixed arbitrary weights

B. Base period quantities

C. Current period quantities

D. Average of base and current quantities

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Correct Answer: Option B

Explanation:
Laspeyres index is Σ(p₁q₀)/Σ(p₀q₀) × 100, using base period quantities as weights.

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Question #2 Report Error

The wholesale price index in India is a:

A. Consumer price index

B. Price index for goods traded at the wholesale level

C. Cost of living index

D. Index of industrial production

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Correct Answer: Option B

Explanation:
WPI measures wholesale price movements of goods.

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Question #3 Report Error

Maternal Mortality Ratio (MMR) is expressed per:

A. 1000 live births

B. 1000 women

C. 10,000 live births

D. 100,000 live births

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Correct Answer: Option D

Explanation:
MMR is the number of maternal deaths per 100,000 live births.

This question belongs to: Accountancy and Statistics Statistics

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