The CPI (Rural) and CPI (Urban) are released by: MCQ with Answer and Explanation

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The CPI (Rural) and CPI (Urban) are released by:

A. Finance Ministry

B. Labour Bureau

C. RBI

D. National Statistical Office

Answer: Option D

Solution (By JKSSB Mock Tests)

NSO compiles CPI for rural and urban areas separately.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Which of the following is a measure of fertility?

A. Maternal Mortality Ratio

B. Infant Mortality Rate

C. Standardized Death Rate

D. Total Fertility Rate

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Correct Answer: Option D

Explanation:
Total Fertility Rate (TFR) measures the average number of children a woman would bear; it's a fertility measure.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Bayes' theorem is derived from the definition of:

A. Independent events

B. Sample space

C. Conditional probability

D. Mutually exclusive events

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Correct Answer: Option C

Explanation:
Bayes' theorem follows directly from the definition of conditional probability: P(A|B) = P(A∩B)/P(B) and P(B|A) = P(A∩B)/P(A), equating the expressions for P(A∩B).

This question belongs to: Accountancy and Statistics Statistics

Question #3

If Yule's Q = 0.8, it indicates:

A. Strong negative association

B. Strong positive association

C. Independence

D. Weak association

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Correct Answer: Option B

Explanation:
Q close to +1 indicates strong positive association.

This question belongs to: Accountancy and Statistics Statistics

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