Which index method is best suited when a new commodity is introduced frequently over consecutive years? MCQ with Answer and Explanation
Question
Report Error
Discuss this Question (0)
Practice More Statistics Questions
Question #1
Report Error
The geometric mean is undefined for datasets containing:
Correct Answer: Option A
Explanation:
Geometric mean involves multiplying values and taking the nth root; zero makes the product zero, and negative values can yield complex roots, so it is only defined for positive numbers.
Geometric mean involves multiplying values and taking the nth root; zero makes the product zero, and negative values can yield complex roots, so it is only defined for positive numbers.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
Report Error
Which of the following statements about attributes is false?
Correct Answer: Option A
Explanation:
Consistency requires non-negative (≥0), not strictly positive. Some can be zero.
Consistency requires non-negative (≥0), not strictly positive. Some can be zero.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
Report Error
In a well-designed questionnaire, questions on income should be:
Correct Answer: Option D
Explanation:
Sensitive questions are placed later to build trust and reduce dropout.
Sensitive questions are placed later to build trust and reduce dropout.
This question belongs to:
Accountancy and Statistics
Statistics
No comments yet. Be the first to start the discussion!