The measure 'Child-Woman Ratio' is a: MCQ with Answer and Explanation

Question Report Error

The measure 'Child-Woman Ratio' is a:

A. Measure of migration

B. Measure of mortality

C. Indirect measure of fertility

D. Direct measure of fertility

Answer: Option C

Solution (By JKExamLibrary)

It relates children 0-4 to women 15-49, approximating fertility.

This question belongs to: Accountancy and Statistics Statistics

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Question #1 Report Error

Fisher's ideal index for price is given by:

A. Σp₁q₀ / Σp₀q₀

B. Σp₁q₁ / Σp₀q₁

C. √[(Σp₁q₀/Σp₀q₀) × (Σp₁q₁/Σp₀q₁)]

D. (Σp₁q₀/Σp₀q₀ + Σp₁q₁/Σp₀q₁)/2

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Correct Answer: Option C

Explanation:
Fisher's ideal price index is the geometric mean of the Laspeyres price index (Σp₁q₀/Σp₀q₀) and the Paasche price index (Σp₁q₁/Σp₀q₁), ensuring it satisfies key consistency tests.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

A frequency polygon is drawn by joining:

A. Class midpoints with frequencies

B. Class limits with frequencies

C. Class boundaries with frequencies

D. Cumulative frequencies

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Correct Answer: Option A

Explanation:
Points are plotted at class midpoints and connected by straight lines.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Which index is generally used to measure inflation at the wholesale level in India?

A. GDP deflator

B. Sensex

C. WPI

D. CPI

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Correct Answer: Option C

Explanation:
Wholesale Price Index (WPI) measures changes in prices at the wholesale level.

This question belongs to: Accountancy and Statistics Statistics

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