Which average is most appropriate for calculating average of ratios like price-earnings ratios? MCQ with Answer and Explanation
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Question #1
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The number of observations falling in a particular class is called:
Correct Answer: Option C
Explanation:
Class frequency is the count of data points within a class interval.
Class frequency is the count of data points within a class interval.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Index numbers are typically expressed in:
Correct Answer: Option D
Explanation:
Index numbers are relative measures usually multiplied by 100 to be expressed as percentages for easy comparison.
Index numbers are relative measures usually multiplied by 100 to be expressed as percentages for easy comparison.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Neonatal Mortality Rate (NMR) specifically measures deaths occurring:
Correct Answer: Option B
Explanation:
NMR = (Deaths under 28 days / Live births) × 1,000. It isolates early infancy mortality, often reflecting quality of obstetric and immediate newborn care.
NMR = (Deaths under 28 days / Live births) × 1,000. It isolates early infancy mortality, often reflecting quality of obstetric and immediate newborn care.
This question belongs to:
Accountancy and Statistics
Statistics
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