Standardized death rate is needed when comparing populations because: MCQ with Answer and Explanation
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Question #1
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In the classification of data, 'chronological classification' refers to:
Correct Answer: Option B
Explanation:
Chronological means time-based.
Chronological means time-based.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Which test of index numbers is violated by Laspeyres index?
Correct Answer: Option B
Explanation:
Laspeyres does not satisfy time reversal test; P₀₁(L) × P₁₀(L) ≠ 1.
Laspeyres does not satisfy time reversal test; P₀₁(L) × P₁₀(L) ≠ 1.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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In attribute classification, a 'positive attribute' refers to:
Correct Answer: Option A
Explanation:
In statistical notation for attributes, a positive attribute (e.g., A) denotes the presence of a characteristic, while its absence is denoted by the corresponding Greek letter (e.g., α for illiterate).
In statistical notation for attributes, a positive attribute (e.g., A) denotes the presence of a characteristic, while its absence is denoted by the corresponding Greek letter (e.g., α for illiterate).
This question belongs to:
Accountancy and Statistics
Statistics
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