Statistics MCQs

Accountancy and Statistics

Statistics MCQs

Practice complete Statistics MCQs covering Primary & Secondary Data, Data Collection Methods, Questionnaire, Tabulation & Compilation of Data, Measures of Central Tendency, Probability, Theory of Attributes, Index Numbers, Demography, Census, Vital Statistics, Fertility Measures, and all other important topics. Includes chapter-wise and exam-oriented multiple choice questions with detailed answers and explanations for JKSSB, SSC, Banking, UPSC, CUET, University, and other competitive exams.

1318
Total Questions

Practice Questions

Page 2 of 66
Question #21
In the Theory of Attributes, an attribute whose presence is denoted by a capital letter (e.g., A) is called a:
A. Positive attribute
B. Negative attribute
C. Independent attribute
D. Associated attribute
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
Positive attributes denote the presence of a characteristic and are traditionally represented by capital letters.
This question belongs to: Accountancy and Statistics Statistics
Question #22
If N = 100, (A) = 60, (B) = 50, what is the condition for attributes A and B to be independent?
A. (AB) = 10
B. (AB) = 30
C. (AB) = 0
D. (AB) = 110
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Two attributes are independent if (AB) = (A) × (B) / N. Here, (60 × 50) / 100 = 30.
This question belongs to: Accountancy and Statistics Statistics
Question #23
Which coefficient is commonly used to measure the association of attributes?
A. Karl Pearson's coefficient
B. Yule's coefficient of association
C. Fisher's coefficient
D. Spearman's rank coefficient
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Yule's coefficient (Q) specifically measures the intensity of association between two dichotomous qualitative attributes.
This question belongs to: Accountancy and Statistics Statistics
Question #24
What is the order of the class frequency denoted by (A)?
A. Zero order
B. First order
C. Ultimate order
D. Second order
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
The order of a class frequency depends on the number of attributes it involves. (A) involves one attribute, making it first order.
This question belongs to: Accountancy and Statistics Statistics
Question #25
Data consistency in the theory of attributes requires that:
A. Both A and C
B. Ultimate class frequencies must be positive or zero
C. No class frequency can be negative
D. All class frequencies must equal N
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
For data to be consistent, no ultimate (or any) class frequency can be less than zero.
This question belongs to: Accountancy and Statistics Statistics
Question #26
Index numbers are generally known as:
A. Statistical multipliers
B. Demographic indicators
C. Economic barometers
D. Trend setters
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Index numbers measure changes in the level of an economic phenomenon over time, earning the title 'economic barometers'.
This question belongs to: Accountancy and Statistics Statistics
Question #27
Laspeyres' price index formula uses which of the following as weights?
A. Average of base and current year quantities
B. Arbitrary quantities
C. Current year quantities
D. Base year quantities
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
Laspeyres' index uses base year quantities (q0) as weights to measure price changes.
This question belongs to: Accountancy and Statistics Statistics
Question #28
Fisher's Ideal Index Number is the:
A. Geometric mean of Laspeyres and Paasche index numbers
B. Arithmetic mean of Laspeyres and Paasche index numbers
C. Median of Laspeyres and Paasche index numbers
D. Harmonic mean of Laspeyres and Paasche index numbers
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
Fisher's index is calculated as the geometric mean of Laspeyres and Paasche indices, balancing their upward and downward biases.
This question belongs to: Accountancy and Statistics Statistics
Question #29
Which index number is most commonly used to measure inflation and changes in the purchasing power of money for standard households?
A. Index of Industrial Production
B. Sensex
C. Consumer Price Index (Cost of Living Index)
D. Wholesale Price Index
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
The CPI (or Cost of Living Index) measures the average change in prices paid by consumers for a basket of goods and services.
This question belongs to: Accountancy and Statistics Statistics
Question #30
Which formula fails the Factor Reversal Test?
A. Both B and C
B. Marshall-Edgeworth Index
C. Fisher's Ideal Index
D. Laspeyres' Index
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
Only Fisher's Ideal Index satisfies both the Time Reversal and Factor Reversal Tests; Laspeyres and Marshall-Edgeworth fail the factor test.
This question belongs to: Accountancy and Statistics Statistics
Question #31
Demography is primarily the statistical study of:
A. Economic output
B. Human populations
C. Industrial production
D. Agricultural yield
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Demography studies human populations, including their size, structure, distribution, and spatial/temporal changes.
This question belongs to: Accountancy and Statistics Statistics
Question #32
In a modern population census, 'de facto' enumeration refers to counting people:
A. Where they are found on the day of the census
B. Based on their legal voting constituency
C. Based on their place of birth
D. At their usual place of residence
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
The de facto method counts individuals exactly where they are present on the night of the census.
This question belongs to: Accountancy and Statistics Statistics
Question #33
Which of the following is NOT a fundamental feature of a national Census?
A. Sampling subset estimation
B. Universality within a defined territory
C. Individual enumeration
D. Simultaneity
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
A census aims for complete enumeration (100% count), whereas sampling involves estimating based on a subset.
This question belongs to: Accountancy and Statistics Statistics
Question #34
Vital statistics primarily deal with demographic events such as:
A. Employment and inflation
B. Income and expenditure
C. Births, deaths, and marriages
D. Export and import
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Vital statistics are data relating to life events, primarily births, deaths, marriages, and divorces in a population.
This question belongs to: Accountancy and Statistics Statistics
Question #35
The Crude Birth Rate (CBR) is defined as the number of live births per:
A. 1,000 women in the childbearing age
B. 100 women in the childbearing age
C. 100,000 mid-year population
D. 1,000 mid-year population
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
CBR is the simplest measure of fertility, calculated as (Total Live Births / Mid-year Population) × 1000.
This question belongs to: Accountancy and Statistics Statistics
Question #36
Which fertility measure accounts for the age structure of the female population in the reproductive age group?
A. Crude Birth Rate
B. Gross Reproduction Rate
C. General Fertility Rate
D. Age Specific Fertility Rate
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
Age Specific Fertility Rate (ASFR) calculates fertility for specific age groups of women, removing the bias of age structure.
This question belongs to: Accountancy and Statistics Statistics
Question #37
Net Reproduction Rate (NRR) differs from Gross Reproduction Rate (GRR) because NRR takes into account:
A. Migration rates
B. Mortality rates of mothers
C. Economic status
D. Male births
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
NRR adjusts the GRR by factoring in the probability that a female child will survive through her reproductive years.
This question belongs to: Accountancy and Statistics Statistics
Question #38
If the Net Reproduction Rate (NRR) is exactly 1, what does it signify for the population over the long term, assuming no migration?
A. The population will double in one generation
B. The population will grow exponentially
C. The population is exactly replacing itself
D. The population will eventually shrink
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
An NRR of 1 means each woman is replacing herself with exactly one surviving daughter, indicating replacement-level fertility.
This question belongs to: Accountancy and Statistics Statistics
Question #39
Infant Mortality Rate (IMR) measures the number of deaths of infants under the age of:
A. 1 year per 1,000 total population
B. 1 month per 1,000 live births
C. 5 years per 1,000 live births
D. 1 year per 1,000 live births
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
IMR is defined as the number of deaths of children less than 1 year old per 1,000 live births in a given year.
This question belongs to: Accountancy and Statistics Statistics
Question #40
Maternal Mortality Ratio (MMR) is conventionally expressed per:
A. 1,000,000 live births
B. 1,000 live births
C. 10,000 live births
D. 100,000 live births
Discuss
Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
MMR is defined globally as the number of maternal deaths per 100,000 live births to track obstetric risks.
This question belongs to: Accountancy and Statistics Statistics

More Accountancy and Statistics Topics

Accountancy and Book Keeping MCQs
Today's Top Topics
Accountancy and Book Keeping 1861 Statistics 1318
Explore Subjects
Computer 5279 Static General Knowledge 6362 English 15164 Current Affairs 575 History GK 3374
Practice Mix
The difference between simple interest and compound interest on a certain sum of money for 2 years at 9% per annum is Rs. 81. Find the sum.
The process by which plants lose water in the form of liquid droplets is:
The 'Vote on Account' is used to:
Software programs that are custom engineered for banking automated teller machines (ATMs) to connect securely to institutional transaction ledger networks are classified as:
Which is the capital of South Africa (legislative)?