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Question

For a monthly data, the link relative for any month is given by:

This question was previously asked in
SSC CGL 2024 (Tier-I) Previous Year Paper (17-Sep-2024) (Shift 3)
The correct answer is

Current month's Value / Previous month's value × 100

The correct formula for calculating the link relative is:

Link relative = (Current month's Value / Previous month's value) × 100.

This is used to compare the performance of the current month relative to the previous month, expressed as a percentage.

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Important Questions from Statistical Averages

  1. Let X be a real-valued random variable with E[X] and E[X2] denoting the mean values of X and X2, respectively. The relation which always holds is

  2. Two continuous random variables X and Y are related as

    Y = 2X + 3

    Let \(\sigma_X^2\) and \(\sigma_Y^2\) denote the variances of X and Y, respectively. The variances are related as

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