Which of the following is a component of HDI (Human Development Index)? MCQ with Answer and Explanation
Question
Report Error
Discuss this Question (0)
Practice More Statistics Questions
Question #1
Report Error
In Bayes' theorem, the initial probabilities before observing evidence are called:
Correct Answer: Option D
Explanation:
Prior probabilities represent the initial degree of belief.
Prior probabilities represent the initial degree of belief.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
Report Error
Bayes' theorem is expressed as P(A|B) = [P(B|A) × P(A)] / P(B). Here, P(A) is called the:
Correct Answer: Option A
Explanation:
In Bayesian inference, P(A) is the prior probability, representing initial belief about hypothesis A before observing evidence B; P(A|B) is the updated posterior probability.
In Bayesian inference, P(A) is the prior probability, representing initial belief about hypothesis A before observing evidence B; P(A|B) is the updated posterior probability.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
Report Error
The factor reversal test links:
Correct Answer: Option D
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
No comments yet. Be the first to start the discussion!