The circular test is used to check: MCQ with Answer and Explanation

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The circular test is used to check:

A. Consistency of index numbers when shifting base over multiple periods

B. Whether the index satisfies time reversal

C. Factor reversal property

D. Unit independence

Answer: Option A

Solution (By JKSSB Mock Tests)

Circular test examines if the product of index numbers for consecutive periods equals the direct index for the whole period.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

In attribute theory, the class frequency (αB) denotes:

A. Presence of A and B

B. Absence of A and presence of B

C. Absence of both A and B

D. Presence of A and absence of B

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Correct Answer: Option B

Explanation:
Greek letters denote absence and capital English letters denote presence. So, α means not-A, and B means presence of B.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Which coefficient is commonly used to measure the association of attributes?

A. Fisher's coefficient

B. Karl Pearson's coefficient

C. Spearman's rank coefficient

D. Yule's coefficient of association

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Correct Answer: Option D

Explanation:
Yule's coefficient (Q) specifically measures the intensity of association between two dichotomous qualitative attributes.

This question belongs to: Accountancy and Statistics Statistics

Question #3

The maternal mortality ratio in India (SRS 2016-18) is:

A. 80 per 100,000

B. 200 per 100,000

C. 113 per 100,000 live births

D. 130 per 100,000

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Correct Answer: Option C

Explanation:
MMR was 113 per 100,000 live births.

This question belongs to: Accountancy and Statistics Statistics

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