Three students A,B,C solve a problem. Probabilities 1/2, 2/3, 3/4. Probability that exactly two of them solve it is: MCQ with Answer and Explanation
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Question #1
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Which index number formula uses the unweighted geometric mean of price relatives?
Correct Answer: Option C
Explanation:
The Jevons index is the geometric mean of the price relatives, giving equal weight to each item.
The Jevons index is the geometric mean of the price relatives, giving equal weight to each item.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Tabulation of data primarily serves to:
Correct Answer: Option B
Explanation:
Tabulation arranges classified data in a compact, organized format using rows and columns, facilitating comparison, analysis, and interpretation of statistical information.
Tabulation arranges classified data in a compact, organized format using rows and columns, facilitating comparison, analysis, and interpretation of statistical information.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Net Reproduction Rate (NRR) of 1.2 implies that:
Correct Answer: Option A
Explanation:
NRR > 1 means that, accounting for female mortality, a cohort of women has more than one daughter surviving to reproductive age on average, indicating potential population growth in the absence of migration.
NRR > 1 means that, accounting for female mortality, a cohort of women has more than one daughter surviving to reproductive age on average, indicating potential population growth in the absence of migration.
This question belongs to:
Accountancy and Statistics
Statistics
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