Which of the following tests is satisfied by Fisher's ideal index? MCQ with Answer and Explanation

Which of the following tests is satisfied by Fisher's ideal index?
A. Factor reversal test
B. Both time reversal and factor reversal tests
C. Time reversal test
D. Circular test
Answer: Option B
Solution (By JKExamLibrary)
Fisher index satisfies both time reversal and factor reversal tests.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Classification of data on the basis of attributes like gender or color is called:
A. Qualitative classification
B. Geographical classification
C. Quantitative classification
D. Chronological classification

Correct Answer: Option A


Explanation:
When data are grouped by descriptive characteristics (attributes), it is qualitative classification.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
The de jure method of census enumeration counts:
A. All persons according to their usual place of residence
B. All persons present on census night
C. Only males
D. Only citizens

Correct Answer: Option A


Explanation:
De jure method enumerates people at their usual residence regardless of where they were on census night.

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Question #3 Report Error
If a population has a high proportion of young people, the crude death rate may be low even if age-specific rates are high. This is an example of:
A. Reverse causality
B. Sampling error
C. Direct standardization
D. Age structure effect

Correct Answer: Option D


Explanation:
A young population has fewer old people where mortality is high, thus CDR can be low.

This question belongs to: Accountancy and Statistics Statistics