The cost of living index is used for: MCQ with Answer and Explanation
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Question #1
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The base year for the current series of Wholesale Price Index (WPI) introduced in 2017 is:
Correct Answer: Option B
Explanation:
The base year of the revised WPI series launched in 2017 is 2011-12.
The base year of the revised WPI series launched in 2017 is 2011-12.
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Accountancy and Statistics
Statistics
Question #2
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If (AB)=0, then the association between A and B indicates:
Correct Answer: Option A
Explanation:
(AB)=0 means the two attributes never occur together, indicating complete negative association (disassociation).
(AB)=0 means the two attributes never occur together, indicating complete negative association (disassociation).
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Net Reproduction Rate (NRR) accounts for:
Correct Answer: Option B
Explanation:
NRR refines GRR by incorporating survival probabilities from birth to each reproductive age, indicating whether a generation of women is exactly replacing itself (NRR=1) after accounting for female mortality.
NRR refines GRR by incorporating survival probabilities from birth to each reproductive age, indicating whether a generation of women is exactly replacing itself (NRR=1) after accounting for female mortality.
This question belongs to:
Accountancy and Statistics
Statistics
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