In a life table, the radix (l₀) is usually: MCQ with Answer and Explanation

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In a life table, the radix (l₀) is usually:

A. 1000

B. 1,000,000

C. 100,000

D. 10,000

Answer: Option C

Solution (By JKSSB Mock Tests)

Typically, l₀ = 100,000, representing the hypothetical birth cohort.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Chain base index numbers are particularly useful for analyzing:

A. Short-term period-to-period fluctuations

B. International comparisons

C. Long-term structural changes

D. Base year selection

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Correct Answer: Option A

Explanation:
Chain indices highlight recent changes by using the previous period as base, making them sensitive to short-term dynamics like monthly inflation, though less suitable for long-term trend analysis.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The sex ratio at birth biologically is approximately:

A. 100 males per 100 females

B. 105 males per 100 females

C. 95 males per 100 females

D. 110 males per 100 females

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Correct Answer: Option B

Explanation:
Naturally, around 105 male births occur for every 100 female births.

This question belongs to: Accountancy and Statistics Statistics

Question #3

The main purpose of classification of data is to:

A. Present data in rows and columns

B. Calculate measures of central tendency

C. Draw graphs

D. Group homogeneous data to highlight similarities and patterns

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Correct Answer: Option D

Explanation:
Classification brings order to data by grouping similar items.

This question belongs to: Accountancy and Statistics Statistics

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