Standardized death rate can be computed by: MCQ with Answer and Explanation

Standardized death rate can be computed by:
A. Both direct and indirect methods
B. Direct method only
C. Only by using median
D. Indirect method only
Answer: Option A
Solution (By JKExamLibrary)
Both direct (using a standard population) and indirect (using standard rates) methods exist.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Demography is the study of:
A. Animal behavior
B. Economic systems
C. Human population
D. Weather patterns

Correct Answer: Option C


Explanation:
Demography deals with human populations — size, composition, and distribution.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
An index number computed by taking the average of price relatives is known as:
A. Aggregative index
B. Fisher index
C. Average of relatives index
D. Chain index

Correct Answer: Option C


Explanation:
Average of relatives method computes index as mean of (p₁/p₀ × 100).

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
If P(A) = 0.5, P(B) = 0.3, and P(A∪B) = 0.7, then P(A|B) equals:
A. 0.33
B. 0.2
C. 0.5
D. 0.6

Correct Answer: Option A


Explanation:
P(A∩B)=0.5+0.3-0.7=0.1. P(A|B)=0.1/0.3≈0.333.

This question belongs to: Accountancy and Statistics Statistics