The Fisher index is also known as: MCQ with Answer and Explanation

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The Fisher index is also known as:

A. Simple index

B. Chain index

C. Cost index

D. Ideal index

Answer: Option D

Solution (By JKSSB Mock Tests)

Fisher termed his index 'ideal' because it satisfies time reversal and factor reversal tests.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Gross Reproduction Rate (GRR) is the average number of:

A. Sons per woman

B. Daughters per woman

C. Live births per 1000 women

D. Children per woman

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Correct Answer: Option B

Explanation:
GRR considers only female births and ignores mortality.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Which of the following is a disadvantage of direct personal interview?

A. Data not reliable

B. Unsuitable for illiterates

C. Low response rate

D. High cost and time-consuming

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Correct Answer: Option D

Explanation:
Direct interviews require trained staff, travel, and time, making them expensive.

This question belongs to: Accountancy and Statistics Statistics

Question #3

A census collects data on:

A. Only literate population

B. Entire population

C. Only urban population

D. Sample of population

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Correct Answer: Option B

Explanation:
Census is a complete enumeration of all individuals in a country.

This question belongs to: Accountancy and Statistics Statistics

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