The consistency condition (A) ≥ (AB) is: MCQ with Answer and Explanation

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The consistency condition (A) ≥ (AB) is:

A. Sometimes false

B. Always true

C. Both A and C

D. A necessary condition for data consistency

Answer: Option C

Solution (By JKExamLibrary)

It is always logically true that the number possessing A cannot be less than those possessing both A and B, and it is required for consistency.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The probability that a randomly selected leap year contains 53 Sundays is:

A. 2/7

B. 1/7

C. 5/7

D. 3/7

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Correct Answer: Option A

Explanation:
Leap year has 366 days = 52 weeks + 2 days. The 2 days can be Sun-Mon or Sat-Sun (2 out of 7 pairs), giving 2/7.

This question belongs to: Accountancy and Statistics Statistics

Question #2

In the theory of attributes, (AB) denotes the number of objects possessing:

A. Only attribute B

B. Both attributes A and B

C. Only attribute A

D. Neither A nor B

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Correct Answer: Option B

Explanation:
(AB) is the frequency of objects having both A and B.

This question belongs to: Accountancy and Statistics Statistics

Question #3

The proportion of the total population in the age group 15-59 is called:

A. Child-woman ratio

B. Dependency ratio

C. Working-age population ratio

D. Elderly ratio

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Correct Answer: Option C

Explanation:
It is the share of the population that is potentially economically active.

This question belongs to: Accountancy and Statistics Statistics

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