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The Central Government determines the rate of tax under the Central Goods and Services Tax (CGST) Act, but it does so based on the recommendations provided by the GST Council. The GST Council is a body that includes representatives from both the Central and State Governments, and it collaboratively decides on GST-related matters, including tax rates. So, the rate of tax is ultimately set by the Central Government, but it follows the guidance and recommendations of the GST Council to ensure a consensus among the states and the central authority.
Which method helps to reduce bias when creating a sample from a population for analysis?
A dataset contains "USA," "United States," and "U.S." as country entries. What is the best way to resolve these inconsistencies?
A study estimates the average weight of a population with a 95% confidence interval of (65 kg, 75 kg). What does this mean?
Which of the following is the primary reason why bias occurs in sampling?
In the finance industry, which application of data analysis is most critical for reducing credit risk?
You have a dataset with sales data for multiple regions and months. You want to calculate the total sales per region and then filter the regions with to...
Which of the following is the primary benefit of using APIs over web scraping for data collection from a website?
In artificial intelligence, what is the primary advantage of using a convolutional neural network (CNN) over a traditional multi-layer perceptron (MLP) ...
A company divides its employees into departments (e.g., HR, IT, Marketing) and then selects random samples from each department for a satisfaction surve...
Which of the following best defines the role of a data analyst in an organization?