Consider the following pairs: (1) CBR - Per 1000 population, (2) GFR - Per 1000 women aged 15-49, (3) IMR - Per 1000 live births. Which pair is correctly matched? MCQ with Answer and Explanation

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Consider the following pairs: (1) CBR - Per 1000 population, (2) GFR - Per 1000 women aged 15-49, (3) IMR - Per 1000 live births. Which pair is correctly matched?

A. 1 and 3 only

B. 1 and 2 only

C. 2 and 3 only

D. 1, 2 and 3

Answer: Option D

Solution (By JKSSB Mock Tests)

All three definitions are correct.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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In a random experiment, the set of all possible outcomes is known as the:

A. Event

B. Favorable outcomes

C. Probability density

D. Sample space

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Correct Answer: Option D

Explanation:
The sample space comprises every possible outcome of a random experiment.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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If P(A)=0.4, P(B)=0.5, and A and B are independent, then P(A∪B) is:

A. 0.5

B. 0.7

C. 0.2

D. 0.9

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Correct Answer: Option B

Explanation:
0.4+0.5 - (0.4×0.5)=0.9-0.2=0.7.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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Which of the following statements about Laspeyres and Paasche indices is correct?

A. Laspeyres uses current period quantities, Paasche uses base period quantities.

B. Paasche index satisfies the time reversal test.

C. Fisher's index is the geometric mean of Laspeyres and Paasche.

D. Laspeyres index tends to understate price increase, Paasche overstates.

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Correct Answer: Option C

Explanation:
Fisher = √(L×P). L uses base quantities, P uses current quantities. L overstates, P understates. Neither L nor P satisfies time reversal.

This question belongs to: Accountancy and Statistics Statistics

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