Net Reproduction Rate (NRR) of 0.95 implies that: MCQ with Answer and Explanation
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Question #1
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Which measure of central tendency is the most stable from sample to sample?
Correct Answer: Option D
Explanation:
The arithmetic mean is based on all observations and has the smallest sampling variance among unbiased estimators of the population mean.
The arithmetic mean is based on all observations and has the smallest sampling variance among unbiased estimators of the population mean.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Which measure of central tendency is most suitable for averaging rates, ratios, and speeds over equal distances?
Correct Answer: Option A
Explanation:
Harmonic mean is mathematically appropriate for averaging rates and speeds when the distance is constant.
Harmonic mean is mathematically appropriate for averaging rates and speeds when the distance is constant.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Weighted mean is preferred over simple arithmetic mean when:
Correct Answer: Option C
Explanation:
Weighted mean assigns different weights to observations based on their relative importance, providing a more accurate central value when some data points carry more significance than others.
Weighted mean assigns different weights to observations based on their relative importance, providing a more accurate central value when some data points carry more significance than others.
This question belongs to:
Accountancy and Statistics
Statistics
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