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Start learning 50% faster. Sign in nowLabour Force Participation Rate (LFPR): LFPR is defined as the percentage of persons in labour force (i.e. working or seeking or available for work) in the population. It includes persons who are working, seeking work and available for work. Worker Population Ratio (WPR): WPR is defined as the percentage of employed persons in the population. Unemployment Rate (UR): UR is defined as the percentage of persons unemployed among the persons in the labour force. Activity Status- Usual Status: The activity status of a person is determined on the basis of the activities pursued by the person during the specified reference period. When the activity status is determined on the basis of the reference period of last 365 days preceding the date of survey, it is known as the usual activity status of the person. Activity Status- Current Weekly Status (CWS): The activity status determined on the basis of a reference period of last 7 days preceding the date of survey is known as the current weekly status (CWS) of the person.
Which technique is most appropriate to handle skewed numerical data in a dataset?
Which of the following best describes the role of data analysis in credit scoring within the finance industry?
In exploratory data analysis (EDA), which of the following is the primary goal?
In OOP, which concept allows a subclass to provide a specific implementation of a method already defined in its parent class?
Which of the following methods is most suitable for forecasting future sales based on historical sales data that exhibits seasonal trends ?
...Which of the following is a key advantage of using box plots over histograms for visualizing data?
During the data analysis process, which of the following steps is primarily focused on removing inaccuracies and ensuring the dataset's reliability?
Which machine learning model is most appropriate for detecting spam emails, considering its ability to handle high-dimensional data and probabilistic pr...
Which of the following best describes quantitative data in a business analysis context?
Which sampling technique is most appropriate for studying population data divided into well-defined subgroups , where it is essential to ensure propor...