Which of the following is an example of secondary data? MCQ with Answer and Explanation
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Question #1
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The median of 3, 7, 1, 9, 5 is:
Correct Answer: Option B
Explanation:
Ordered: 1, 3, 5, 7, 9. Median = 5.
Ordered: 1, 3, 5, 7, 9. Median = 5.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Standardized Death Rate (SDR) is expressed per:
Correct Answer: Option B
Explanation:
Like crude rates, SDR is typically expressed per 1,000 standard population to maintain consistency and readability, though the base can vary by convention (e.g., per 100,000 for rare events).
Like crude rates, SDR is typically expressed per 1,000 standard population to maintain consistency and readability, though the base can vary by convention (e.g., per 100,000 for rare events).
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Laspeyres index tends to ______ the price increase.
Correct Answer: Option B
Explanation:
Because it uses fixed base period quantities, Laspeyres index does not account for substitution away from goods that have become relatively expensive.
Because it uses fixed base period quantities, Laspeyres index does not account for substitution away from goods that have become relatively expensive.
This question belongs to:
Accountancy and Statistics
Statistics
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