Which country has the largest population according to current estimates (2023)? MCQ with Answer and Explanation

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Which country has the largest population according to current estimates (2023)?

A. China

B. India

C. USA

D. Indonesia

Answer: Option B

Solution (By JKSSB Mock Tests)

As of 2023, India surpassed China to become the world's most populous country.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Which of the following averages cannot be calculated if the distribution has open-end classes at both extremes?

A. Arithmetic Mean

B. Median

C. Quartiles

D. Mode

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Correct Answer: Option A

Explanation:
Mean requires precise midpoints for all classes. Open-end classes lack boundaries, making precise mean calculation impossible.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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Fisher's ideal index is the ______ of Laspeyres and Paasche indices.

A. Arithmetic mean

B. Geometric mean

C. Median

D. Harmonic mean

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Correct Answer: Option B

Explanation:
Fisher's index = √(Laspeyres × Paasche).

This question belongs to: Accountancy and Statistics Statistics

Question #3

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In a random experiment, the set of all possible outcomes is called:

A. Outcome set

B. Trial

C. Sample space

D. Event

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Correct Answer: Option C

Explanation:
Sample space is the collection of all elementary outcomes of an experiment.

This question belongs to: Accountancy and Statistics Statistics

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