Demographic dividend refers to: MCQ with Answer and Explanation

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Demographic dividend refers to:

A. Increase in birth rate

B. Rise in death rate

C. Migration outflow

D. Increase in working-age population share

Answer: Option D

Solution (By JKSSB Mock Tests)

Demographic dividend is the economic growth potential due to a larger share of working-age population.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Which of the following statements about the circular test is correct?

A. The circular test is satisfied if P₀₁ × P₁₂ × P₂₀ = 1.

B. It requires that P₀₁ × P₁₀ = 1.

C. Fisher's ideal index satisfies it.

D. It is also known as the time reversal test.

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Correct Answer: Option A

Explanation:
Circular test checks consistency over multiple periods: the product of indices from 0 to 1, 1 to 2, and 2 back to 0 should equal 1. Time reversal is P₀₁×P₁₀=1.

This question belongs to: Accountancy and Statistics Statistics

Question #2

In a binomial distribution with n=4 and p=1/2, the probability of exactly 2 successes is:

A. 1/4

B. 1/2

C. 1/16

D. 3/8

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Correct Answer: Option D

Explanation:
C(4,2)×(1/2)^2×(1/2)^2 = 6×1/4×1/4=6/16=3/8.

This question belongs to: Accountancy and Statistics Statistics

Question #3

For a moderately skewed distribution, the difference between mean and mode is approximately:

A. 2 (Mean - Median)

B. 2 (Median - Mean)

C. 3 (Mean - Median)

D. 3 (Median - Mean)

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Correct Answer: Option C

Explanation:
From empirical relation: Mean - Mode ≈ 3(Mean - Median).

This question belongs to: Accountancy and Statistics Statistics

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