📈Statistics MCQs
Statistics MCQs
490 MCQs221
Index Number is an important role in the field of Economic and ________________?
AScience
BEducation
CIntelligence
DBusiness
222
The degree to which numerical data tend to spread about an average value is a________________?
ARange
Bvariance
CMinimum
DDispersion
223
Range of 5,5,5,5, is ________________?
A0
B5
C25
DNone of these
224
The A.M. is greater than mode is equal to ______________?
A+vely
BSkewness
CNegatively
Dzero
225
In a symmetrical distribution mean, median and mode, _________________?
APositive
BGreater
CLess than
DCoincide
226
The formula ∑pnqn/poqn x100 is used to calculate?
AThe Laspeyres price index
BThe Paasche price index
CThe Paasche quantity index
DThe Laspeyres quantity index
227
The Laspeyres price index_____________?
ARegards the base year quantities as fixed
BRegards the base year price as fixed
CRegards the current year quantities as fixed
Dnon of these
228
This index measure the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household?
ALaspeyres Price Index
BFinancial time Index
CPaasche Price Index
DRetail Price Index
229
A simple aggregate quantity index is used to______________?
AMeasure the change in quantity of product
BMeasure the overall change in price of a range of products
CMeasure the overall change in quantity of range of product.
DMeasure the change in price of a product
230
An index number is used______________?
ATo measure changes in quantity
BTo measure changes in price
CTo measure changes in a variable over time
DTo measure changes in demand