Statistics chapter 6
- Created by: Nathan Rawlins
- Created on: 23-09-22 11:08
Other questions in this quiz
2. What is the index number Formulae?
- (Number of births / total population) x 1000
- (Price/Base Year Price) × 100
- Trick question it's always given
- (Number in age group / total population) x 1000
3. What do Chain Base Index Numbers compare?
- Index numbers with Weighted Index numbers
- Prices from each year with that of the previous year
- CPI with RPI
- The price change of an item over a period of time
4. What is crude rate?
- Allows you to compare the same age group in different populations
- Official measure of inflation used by the UK Government.
- How many times a particular event occurs per 1000 of the population in a given time
- Shows how values change from year to year.
5. What does GDP stand for?
- Gross Domestic Pay
- Gross Domestic Product
- Gross Domestic Population
- Global Domestic Product
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