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Question #1
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Which index is generally used to measure inflation at the wholesale level in India?
Correct Answer: Option D
Explanation:
Wholesale Price Index (WPI) measures changes in prices at the wholesale level.
Wholesale Price Index (WPI) measures changes in prices at the wholesale level.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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In attribute theory, consistency of data requires that all ultimate class frequencies are:
Correct Answer: Option B
Explanation:
Consistency checks ensure no calculated frequency (e.g., from marginal totals) is negative, as counts cannot be negative; all must be non-negative integers for logical validity.
Consistency checks ensure no calculated frequency (e.g., from marginal totals) is negative, as counts cannot be negative; all must be non-negative integers for logical validity.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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The geometric mean is not defined when any observation is:
Correct Answer: Option B
Explanation:
GM requires all values to be strictly positive; zero or negatives make it undefined.
GM requires all values to be strictly positive; zero or negatives make it undefined.
This question belongs to:
Accountancy and Statistics
Statistics
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