The population of a town increased from 20,000 to 25,000 in 10 years. The average annual growth rate is best computed using: MCQ with Answer and Explanation
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Question #1
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Which measure of central tendency minimizes the sum of absolute deviations?
Correct Answer: Option C
Explanation:
Median minimizes Σ|x - M|, while mean minimizes Σ(x - μ)².
Median minimizes Σ|x - M|, while mean minimizes Σ(x - μ)².
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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The CPI (Rural) and CPI (Urban) are released by:
Correct Answer: Option B
Explanation:
NSO compiles CPI for rural and urban areas separately.
NSO compiles CPI for rural and urban areas separately.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Which of the following mortality rates is most sensitive to environmental factors and sanitation?
Correct Answer: Option C
Explanation:
IMR is heavily influenced by external socio-economic, nutritional, and environmental factors, making it a proxy for overall development.
IMR is heavily influenced by external socio-economic, nutritional, and environmental factors, making it a proxy for overall development.
This question belongs to:
Accountancy and Statistics
Statistics
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