Life expectancy at birth is calculated using: MCQ with Answer and Explanation
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Question #1
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Standardized Death Rate for Population A is calculated using Population B's age structure as standard. This allows:
Correct Answer: Option A
Explanation:
By applying A's age-specific death rates to B's standard population, SDR isolates differences in mortality risk from differences in age composition, revealing true mortality level comparisons.
By applying A's age-specific death rates to B's standard population, SDR isolates differences in mortality risk from differences in age composition, revealing true mortality level comparisons.
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Accountancy and Statistics
Statistics
Question #2
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In a Laspeyres price index, the weights are:
Correct Answer: Option D
Explanation:
Laspeyres index weights items by base period quantities, keeping the basket constant.
Laspeyres index weights items by base period quantities, keeping the basket constant.
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Accountancy and Statistics
Statistics
Question #3
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WPI covers:
Correct Answer: Option C
Explanation:
WPI tracks price movements of goods at the wholesale level, excluding services.
WPI tracks price movements of goods at the wholesale level, excluding services.
This question belongs to:
Accountancy and Statistics
Statistics
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