The sum of 50 observations is 500; the arithmetic mean is: MCQ with Answer and Explanation

The sum of 50 observations is 500; the arithmetic mean is:
A. 500
B. 10
C. 25
D. 5
Answer: Option B
Solution (By JKExamLibrary)
Mean = 500 / 50 = 10.

This question belongs to: Accountancy and Statistics Statistics

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Which of the following index numbers uses the weighted arithmetic mean of price relatives with base year value weights?
A. Fisher index
B. The Laspeyres index can be expressed as weighted arithmetic mean of price relatives with base period values as weights.
C. Paasche index
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Correct Answer: Option B


Explanation:
Laspeyres = Σ (p₁/p₀) × w₀, where w₀ = p₀q₀ / Σp₀q₀. So it is a weighted arithmetic mean of relatives.

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Which mortality measure is MOST sensitive to improvements in maternal healthcare?
A. Crude Death Rate
B. Maternal Mortality Ratio
C. Life Expectancy at Age 60
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Correct Answer: Option B


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MMR directly tracks pregnancy-related deaths, making it the most responsive indicator to changes in obstetric care quality, access to skilled birth attendance, and emergency maternal services.

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Crude Death Rate is least appropriate for comparing mortality between:
A. A country with young population and one with old population
B. Two districts with similar age structures
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Correct Answer: Option A


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CDR is heavily influenced by age structure; comparing a young population (low CDR) with an old one (high CDR) can misrepresent true mortality differences, necessitating age-standardized rates.

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