Which index number is known as 'ideal'? MCQ with Answer and Explanation
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Question #1
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The factor reversal test links:
Correct Answer: Option C
Explanation:
It requires Price index × Quantity index = Value index.
It requires Price index × Quantity index = Value index.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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The de facto census method may overcount:
Correct Answer: Option B
Explanation:
De facto census counts people where found on census night, so tourists, migrant workers, or hospital patients may be counted away from their usual residence, potentially inflating counts in transient areas.
De facto census counts people where found on census night, so tourists, migrant workers, or hospital patients may be counted away from their usual residence, potentially inflating counts in transient areas.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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If a town has 2000 live births, 50 infant deaths, and 20 neonatal deaths, the post-neonatal mortality rate (per 1000 live births) is:
Correct Answer: Option D
Explanation:
Post-neonatal deaths = infant deaths - neonatal = 50-20=30. Rate = (30/2000)×1000 = 15.
Post-neonatal deaths = infant deaths - neonatal = 50-20=30. Rate = (30/2000)×1000 = 15.
This question belongs to:
Accountancy and Statistics
Statistics
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