The key difference between GRR and NRR is that NRR accounts for: MCQ with Answer and Explanation

Question
The key difference between GRR and NRR is that NRR accounts for:
A. Only female births
B. Migration
C. Mortality of women before end of reproductive age
D. Sex ratio at birth
Answer: Option C
Solution (By JKSSB Mock Tests)
NRR adjusts for the survival of women through reproductive ages, while GRR ignores mortality.
This question belongs to: Accountancy and Statistics Statistics
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Practice More Statistics Questions

Question #1
Which of the following is NOT a test of index numbers?
A. Mean test
B. Time reversal test
C. Factor reversal test
D. Circular test
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Correct Answer: Option A

Explanation:
Common tests are time reversal, factor reversal, and circular test. 'Mean test' is not standard.
This question belongs to: Accountancy and Statistics Statistics
Question #2
The Paasche index is likely to understate price rise because:
A. It is unweighted
B. It uses current year quantities, reflecting substitution
C. It uses geometric mean
D. It uses base year quantities
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Correct Answer: Option B

Explanation:
Substitution away from goods whose prices rose relatively reduces their weight, leading to underestimation.
This question belongs to: Accountancy and Statistics Statistics
Question #3
In Fisher's ideal index, which mean is used to combine Laspeyres and Paasche indices?
A. Median
B. Geometric mean
C. Arithmetic mean
D. Harmonic mean
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Correct Answer: Option B

Explanation:
Fisher's ideal index is the geometric mean of the Laspeyres and Paasche indices.
This question belongs to: Accountancy and Statistics Statistics
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