In the theory of attributes, the consistency condition (AB) ≥ 0 is an example of: MCQ with Answer and Explanation

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In the theory of attributes, the consistency condition (AB) ≥ 0 is an example of:

A. Axiom of probability

B. Ultimate class frequency condition

C. Independence condition

D. Association condition

Answer: Option B

Solution (By JKExamLibrary)

All ultimate class frequencies must be non-negative.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

The formula for simple aggregative price index is:

A. (Σp₀ / Σp₁) × 100

B. (Σp₁q₁ / Σp₀q₁) × 100

C. (Σp₁q₀ / Σp₀q₀) × 100

D. (Σp₁ / Σp₀) × 100

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Correct Answer: Option D

Explanation:
Simple aggregative index sums current prices and divides by sum of base prices, multiplied by 100.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

In tabulation, 'box-head' refers to:

A. The footnotes

B. The part of the table containing column headings

C. The title of the table

D. The left part with row headings

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Correct Answer: Option B

Explanation:
Box-head is the portion above the stub containing the column captions.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

A bag contains 3 red, 5 black balls. Two balls are drawn at random. The probability that they are of different colors is:

A. 15/28

B. 1/2

C. 3/8

D. 15/56

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
Total ways C(8,2)=28. 1 red 1 black = 3×5=15. Probability=15/28.

This question belongs to: Accountancy and Statistics Statistics

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