Life expectancy at birth in India (2014-18) is approximately: MCQ with Answer and Explanation
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Question #1
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Which test of index numbers is based on the idea that an index should be independent of the units of measurement?
Correct Answer: Option A
Explanation:
Unit test requires that the index number should be independent of the units in which prices or quantities are measured.
Unit test requires that the index number should be independent of the units in which prices or quantities are measured.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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The Median of the dataset: 12, 15, 10, 18, 20 is:
Correct Answer: Option C
Explanation:
First, arrange in order: 10, 12, 15, 18, 20. The middle value (3rd item) is 15.
First, arrange in order: 10, 12, 15, 18, 20. The middle value (3rd item) is 15.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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The median can be located graphically using:
Correct Answer: Option D
Explanation:
The median is the x-value at N/2 on the less than ogive.
The median is the x-value at N/2 on the less than ogive.
This question belongs to:
Accountancy and Statistics
Statistics
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