In Bayes' theorem, the term 'likelihood' refers to: MCQ with Answer and Explanation

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In Bayes' theorem, the term 'likelihood' refers to:

A. P(B)

B. P(A|B)

C. P(A)

D. P(B|A)

Answer: Option D

Solution (By JKSSB Mock Tests)

Likelihood is the probability of the evidence given the hypothesis.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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To compare the health conditions of two populations with entirely different age compositions, the most suitable mortality measure is the:

A. Standardized Death Rate

B. Infant Mortality Rate

C. Crude Death Rate

D. Specific Death Rate

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Correct Answer: Option A

Explanation:
Standardized Death Rates adjust for age distribution differences, allowing for a fair comparison of mortality between different populations.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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

A. At their usual place of residence

B. Based on their legal voting constituency

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

D. Based on their place of birth

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Correct Answer: Option C

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

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Which index number test checks if P₀₁ × P₁₂ × P₂₀ = 1?

A. Unit test

B. Time reversal test

C. Circular test

D. Factor reversal test

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Correct Answer: Option C

Explanation:
The circular test verifies consistency across three periods: the product of indices linking 0→1, 1→2, and 2→0 should equal 1 (or 100³ in percentage terms), ensuring transitivity in comparisons.

This question belongs to: Accountancy and Statistics Statistics

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