Which of the following is not a vital event? MCQ with Answer and Explanation

Question Report Error

Which of the following is not a vital event?

A. Graduation

B. Marriage

C. Birth

D. Death

Answer: Option A

Solution (By JKExamLibrary)

Vital events refer to births, deaths, marriages, and divorces.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

Laspeyres price index uses weights of:

A. Average of base and current quantities

B. Current period quantities

C. Base period quantities

D. Fixed arbitrary weights

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Correct Answer: Option C

Explanation:
Laspeyres index is Σ(p₁q₀)/Σ(p₀q₀) × 100, using base period quantities as weights.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

The formula for weighted arithmetic mean is:

A. Σwx / n

B. Σx / Σw

C. Σwx / Σw

D. Σw / Σx

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Correct Answer: Option C

Explanation:
Weighted mean = Σ(w_i x_i) / Σ w_i.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

The circular test is used to check:

A. Unit independence

B. Consistency of index numbers when shifting base over multiple periods

C. Whether the index satisfies time reversal

D. Factor reversal property

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Correct Answer: Option B

Explanation:
Circular test examines if the product of index numbers for consecutive periods equals the direct index for the whole period.

This question belongs to: Accountancy and Statistics Statistics

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