If (A)=60, (B)=50, N=100, the maximum possible value of (AB) is: MCQ with Answer and Explanation

Question
If (A)=60, (B)=50, N=100, the maximum possible value of (AB) is:
A. 100
B. 50
C. 10
D. 60
Answer: Option B
Solution (By JKSSB Mock Tests)
(AB) cannot exceed the smaller of (A) and (B), hence 50.
This question belongs to: Accountancy and Statistics Statistics
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Practice More Statistics Questions

Question #1
In Fisher's ideal index, which mean is used to combine Laspeyres and Paasche indices?
A. Harmonic mean
B. Median
C. Geometric mean
D. Arithmetic mean
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Correct Answer: Option C

Explanation:
Fisher's ideal index is the geometric mean of the Laspeyres and Paasche indices.
This question belongs to: Accountancy and Statistics Statistics
Question #2
Which of the following is NOT a typical function of a national census?
A. Informing public policy and resource allocation
B. Establishing baseline data for demographic research
C. Providing data for political representation (e.g., delimitation)
D. Conducting real-time monitoring of daily births and deaths
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Correct Answer: Option D

Explanation:
Censuses are periodic (e.g., decennial) and not designed for real-time vital event tracking; continuous registration systems (e.g., civil registration) handle daily birth/death recording.
This question belongs to: Accountancy and Statistics Statistics
Question #3
The probability of obtaining a sum of 9 in a single throw of two dice is:
A. 1/9
B. 1/36
C. 1/6
D. 1/12
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Correct Answer: Option A

Explanation:
Favorable outcomes: (3,6),(4,5),(5,4),(6,3) → 4. Probability = 4/36 = 1/9.
This question belongs to: Accountancy and Statistics Statistics
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