Total Fertility Rate (TFR) is obtained by summing age-specific fertility rates and multiplying by: MCQ with Answer and Explanation

Total Fertility Rate (TFR) is obtained by summing age-specific fertility rates and multiplying by:
A. 5 if 5-year age groups are used
B. 10
C. 1000
D. 1
Answer: Option A
Solution (By JKExamLibrary)
Because each ASFR is per 1000 women for a 5-year span, the sum is multiplied by 5 to give children per woman.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Which of the following pairs of events are independent?
A. Tossing a fair coin twice: A = first toss is head, B = second toss is tail.
B. Drawing two cards without replacement from a deck: A = first is an ace, B = second is an ace.
C. Rolling a die twice: A = first roll is 5, B = sum is 10.
D. Selecting a student from a class: A = student is male, B = student plays on the football team (all footballers are male).

Correct Answer: Option A


Explanation:
Coin tosses are independent. In A, without replacement, not independent. In B, outcome of first affects probability of sum. In D, P(B|A) >0 but P(B|A')=0, so not independent.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
In data tabulation, 'footnotes' are used to:
A. Display raw data
B. Replace column headings
C. Increase table size
D. Explain abbreviations, sources, or exceptions not clear in the table body

Correct Answer: Option D


Explanation:
Footnotes provide essential clarifications, source attributions, or methodological notes that enhance table interpretability without cluttering the main data presentation.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
The main advantage of using secondary data is that it:
A. Eliminates the need for data validation
B. Guarantees higher accuracy than primary data
C. Saves time and cost compared to primary data collection
D. Is always tailored to the researcher's specific needs

Correct Answer: Option C


Explanation:
Secondary data is readily available from existing sources, significantly reducing the time, effort, and financial resources required for data collection compared to gathering primary data.

This question belongs to: Accountancy and Statistics Statistics