The graph of a cumulative frequency distribution is called: MCQ with Answer and Explanation
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Question #1
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If P(A) = 0.2 and P(B) = 0.3, and A, B are mutually exclusive, P(A∪B) is:
Correct Answer: Option B
Explanation:
For mutually exclusive events, P(A∪B) = P(A) + P(B) = 0.5.
For mutually exclusive events, P(A∪B) = P(A) + P(B) = 0.5.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Consumer Price Index (CPI) measures changes in:
Correct Answer: Option B
Explanation:
CPI tracks the average change over time in the prices paid by consumers for a market basket of goods and services.
CPI tracks the average change over time in the prices paid by consumers for a market basket of goods and services.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Which data collection method is highly prone to the 'bias of the enumerator'?
Correct Answer: Option B
Explanation:
In direct interviews and schedules, the enumerator is physically present and their personal bias or probing style can influence the responses.
In direct interviews and schedules, the enumerator is physically present and their personal bias or probing style can influence the responses.
This question belongs to:
Accountancy and Statistics
Statistics
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