Laspeyres price index is 115 and Paasche price index is 110. The Bowley index (arithmetic mean of L and P) is approximately: MCQ with Answer and Explanation
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Which of the following statements is true?
Correct Answer: Option C
Explanation:
Fisher's ideal index = √(Laspeyres × Paasche).
Fisher's ideal index = √(Laspeyres × Paasche).
This question belongs to:
Accountancy and Statistics
Statistics
A key limitation of Crude Birth Rate is that it:
Correct Answer: Option C
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
A census is conducted in India under the:
Correct Answer: Option B
Explanation:
The Census Act, 1948 provides the legal framework for conducting the census.
The Census Act, 1948 provides the legal framework for conducting the census.
This question belongs to:
Accountancy and Statistics
Statistics
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