If (AB)=0, then the association between A and B indicates: MCQ with Answer and Explanation

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If (AB)=0, then the association between A and B indicates:

A. Complete disassociation (perfect negative)

B. No conclusion

C. Complete independence

D. Positive association

Answer: Option A

Solution (By JKSSB Mock Tests)

(AB)=0 means the two attributes never occur together, indicating complete negative association (disassociation).

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Which of the following is a characteristic of a good index number?

A. It should not be based on a basket of items.

B. It should satisfy the circular test.

C. It should be biased.

D. It should use only current year weights.

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Correct Answer: Option B

Explanation:
Desirable properties include satisfying tests like time reversal, factor reversal, circular.

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Question #2

In a modern population census, 'de facto' enumeration refers to counting people:

A. Where they are found on the day of the census

B. Based on their legal voting constituency

C. Based on their place of birth

D. At their usual place of residence

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Correct Answer: Option A

Explanation:
The de facto method counts individuals exactly where they are present on the night of the census.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Wholesale Price Index (WPI) is primarily used by policymakers to monitor:

A. Producer and wholesale market inflation

B. Asset price bubbles

C. Wage growth

D. Consumer inflation

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Correct Answer: Option A

Explanation:
WPI reflects price changes at the wholesale/producer level, serving as an early indicator of inflationary pressures in the production pipeline before they reach consumers via CPI.

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