In the theory of attributes, the total number of ultimate class frequencies for 'n' attributes is: MCQ with Answer and Explanation

In the theory of attributes, the total number of ultimate class frequencies for 'n' attributes is:
A. n^2
B. 3^n
C. 2^n
D. n!
Answer: Option C
Solution (By JKExamLibrary)
For n attributes, each can be either present or absent, resulting in 2^n ultimate class frequencies.

This question belongs to: Accountancy and Statistics Statistics

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Two events A and B are said to be mutually exclusive if:
A. P(A ∩ B) = 0
B. P(A ∩ B) = P(A) × P(B)
C. P(A ∪ B) = 1
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Correct Answer: Option A


Explanation:
Mutually exclusive events cannot occur simultaneously, meaning their intersection is the empty set (probability is zero).

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Question #2 Report Error
If the median of 5, 7, 9, x, 11, 13 is 9.5, then x is:
A. 12
B. 10
C. 9
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Correct Answer: Option B


Explanation:
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The Fisher index is the geometric mean of Laspeyres and Paasche. This ensures it satisfies:
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Correct Answer: Option A


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Fisher is designed to meet both tests.

This question belongs to: Accountancy and Statistics Statistics