Fisher's ideal index is the ______ of Laspeyres and Paasche indices. MCQ with Answer and Explanation

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Fisher's ideal index is the ______ of Laspeyres and Paasche indices.

A. Median

B. Geometric mean

C. Harmonic mean

D. Arithmetic mean

Answer: Option B

Solution (By JKSSB Mock Tests)

Fisher's index = √(Laspeyres × Paasche).

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

If TFR = 2.5 and proportion of female births is 0.48, GRR is:

A. 1.04

B. 1.2

C. 2.5

D. 1.3

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Correct Answer: Option B

Explanation:
GRR = 2.5 × 0.48 = 1.2 daughters per woman.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Vital statistics include:

A. Stock prices

B. Births and deaths

C. GDP

D. Crop production

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Correct Answer: Option B

Explanation:
Vital events are births, deaths, marriages, divorces.

This question belongs to: Accountancy and Statistics Statistics

Question #3

If a dataset has mean = 25 and median = 25, the distribution is likely:

A. Positively skewed

B. Symmetric

C. Negatively skewed

D. Cannot say

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Correct Answer: Option B

Explanation:
Mean = Median suggests symmetry, but not guaranteed without mode; however, in many contexts it indicates symmetry.

This question belongs to: Accountancy and Statistics Statistics

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