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 36 of 66
Question #701
If Q = 1, the association between attributes is:
A. Zero association
B. Perfect negative
C. Independent
D. Perfect positive
Discuss
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Correct Answer: Option D

Explanation:
Q = 1 means ad = bc? Actually Q=1 when bc=0, i.e., perfect positive association.
This question belongs to: Accountancy and Statistics Statistics
Question #702
An index number measures changes in a variable relative to a:
A. Current value
B. Average value
C. Base period value
D. Future value
Discuss
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Correct Answer: Option C

Explanation:
Index numbers compare the current level to the base period level, usually expressed as percentage.
This question belongs to: Accountancy and Statistics Statistics
Question #703
The simple aggregative price index is:
A. Σp₁q₁ / Σp₀q₁ × 100
B. √(L×P) × 100
C. Σp₁ / Σp₀ × 100
D. Σp₁q₀ / Σp₀q₀ × 100
Discuss
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Correct Answer: Option C

Explanation:
Simple aggregative index sums current prices, divides by sum of base prices, and multiplies by 100.
This question belongs to: Accountancy and Statistics Statistics
Question #704
Laspeyres price index uses quantities of:
A. Base period as weights
B. None of the above
C. Current period as weights
D. Both periods equally
Discuss
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Correct Answer: Option A

Explanation:
Laspeyres = Σp₁q₀ / Σp₀q₀ × 100, using base quantities.
This question belongs to: Accountancy and Statistics Statistics
Question #705
Paasche price index is represented by:
A. Σp₁q₀ / Σp₀q₁ × 100
B. Σp₁q₁ / Σp₀q₀ × 100
C. Σp₁q₁ / Σp₀q₁ × 100
D. Σp₁q₀ / Σp₀q₀ × 100
Discuss
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Correct Answer: Option C

Explanation:
Paasche uses current period quantities: Σp₁q₁ / Σp₀q₁ × 100.
This question belongs to: Accountancy and Statistics Statistics
Question #706
Fisher's ideal index is the geometric mean of:
A. WPI and CPI
B. Simple aggregative and weighted average
C. Time reversal and factor reversal
D. Laspeyres and Paasche indices
Discuss
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Correct Answer: Option D

Explanation:
Fisher = √(Laspeyres × Paasche).
This question belongs to: Accountancy and Statistics Statistics
Question #707
Which of the following tests is satisfied by Fisher's ideal index?
A. Time reversal test
B. Circular test
C. Factor reversal test
D. Both time reversal and factor reversal tests
Discuss
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Correct Answer: Option D

Explanation:
Fisher index satisfies both time reversal and factor reversal tests.
This question belongs to: Accountancy and Statistics Statistics
Question #708
Which index is generally used to measure inflation at the wholesale level in India?
A. Sensex
B. CPI
C. GDP deflator
D. WPI
Discuss
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Correct Answer: Option D

Explanation:
Wholesale Price Index (WPI) measures changes in prices at the wholesale level.
This question belongs to: Accountancy and Statistics Statistics
Question #709
Consumer Price Index measures changes in:
A. Industrial production
B. Wholesale prices
C. Retail prices of a fixed basket of goods and services
D. Stock prices
Discuss
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Correct Answer: Option C

Explanation:
CPI tracks retail prices of goods and services consumed by households.
This question belongs to: Accountancy and Statistics Statistics
Question #710
The base year of the current Consumer Price Index (CPI) in India is:
A. 2011-12
B. 2016
C. 2010
D. 2012
Discuss
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Correct Answer: Option D

Explanation:
The new series of CPI (Rural, Urban, Combined) has base year 2012.
This question belongs to: Accountancy and Statistics Statistics
Question #711
The cost of living index is primarily used for:
A. Measuring agricultural output
B. Adjusting salaries and wages
C. Computing GDP
D. Forecasting exports
Discuss
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Correct Answer: Option B

Explanation:
It measures changes in the cost of living, used to adjust dearness allowance and wages.
This question belongs to: Accountancy and Statistics Statistics
Question #712
Demography is the study of:
A. Animal behavior
B. Economic systems
C. Weather patterns
D. Human population
Discuss
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Correct Answer: Option D

Explanation:
Demography deals with human populations — size, composition, and distribution.
This question belongs to: Accountancy and Statistics Statistics
Question #713
The census in India is conducted every:
A. 12 years
B. 7 years
C. 5 years
D. 10 years
Discuss
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Correct Answer: Option D

Explanation:
India’s decennial census occurs every 10 years.
This question belongs to: Accountancy and Statistics Statistics
Question #714
According to Census 2011, the population density of India is:
A. 500 persons/sq km
B. 425 persons/sq km
C. 325 persons/sq km
D. 382 persons/sq km
Discuss
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Correct Answer: Option D

Explanation:
The density was 382 persons per square kilometer in 2011.
This question belongs to: Accountancy and Statistics Statistics
Question #715
The sex ratio of India according to Census 2011 is:
A. 943
B. 933
C. 925
D. 940
Discuss
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Correct Answer: Option A

Explanation:
Sex ratio was 943 females per 1000 males.
This question belongs to: Accountancy and Statistics Statistics
Question #716
Vital statistics mainly record:
A. Industrial output
B. Crop production
C. Educational data
D. Births, deaths, and marriages
Discuss
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Correct Answer: Option D

Explanation:
Vital events include births, deaths, marriages, divorces.
This question belongs to: Accountancy and Statistics Statistics
Question #717
Crude Birth Rate (CBR) is the number of live births per:
A. 1000 live births
B. 1000 women
C. 100 population
D. 1000 population
Discuss
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Correct Answer: Option D

Explanation:
CBR = (Live births / Mid-year total population) × 1000.
This question belongs to: Accountancy and Statistics Statistics
Question #718
General Fertility Rate (GFR) uses denominator as:
A. Married women only
B. Total male population
C. Total population
D. Women aged 15-49
Discuss
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Correct Answer: Option D

Explanation:
GFR relates births to the female population of reproductive age.
This question belongs to: Accountancy and Statistics Statistics
Question #719
Total Fertility Rate (TFR) is obtained by summing age-specific fertility rates and multiplying by:
A. 1000
B. 5 if 5-year age groups are used
C. 10
D. 1
Discuss
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Correct Answer: Option B

Explanation:
Because each ASFR is per 1000 women for a 5-year span, the sum is multiplied by 5 to give children per woman.
This question belongs to: Accountancy and Statistics Statistics
Question #720
Gross Reproduction Rate (GRR) is the average number of:
A. Children per woman
B. Daughters per woman
C. Live births per 1000 women
D. Sons per woman
Discuss
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Correct Answer: Option B

Explanation:
GRR considers only female births and ignores mortality.
This question belongs to: Accountancy and Statistics Statistics

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