Statistics MCQs

Page No. 23

In Chain base method, the base period is ________________?


aFixed


bConstant


cChange


dNone of these


View Answer Change

Volume Index in Marshall is ____________?


a∑Pn(Po + Pn)/∑Pn(Po + Pn)


b∑Pn(qo + qn)/∑Pn


c∑Pn(Po + Pn)/∑Pn(Po + Pn) x100


dNon of these



Qon means _________ for the given year?


aPrice


bCommodity


cQuantity in current


dQuantity Index


View Answer Quantity Index

Index Number is an important role in the field of Economic and ________________?


aScience


bEducation


cIntelligence


dBusiness


View Answer Business

1. Nos. is a ____ for measuring changes in a variable or a group of related variables?


avariable


bRegion of goods


cDevice


dCost


View Answer Device

Measure the change in quantity of goods are called ________________?


a Simple 1. No.


b Aggregative 1. No.


cAppropriate


dQuantity Index Number


View Answer Quantity Index Number

Price in proceeding year used in the method is called __________?


aFixed Method


bChain Method


cAggregation Method


dVolume


View Answer Chain Method

Weighted Index number can be classified into _________ categories?


aFour


bThree


cFive


dTwo


View Answer Two

Ratio between given year and base year is called __________ in percentage?


aPrice relative


bLink relative


cRetail prices


dNone of these


View Answer Price relative

An Index Number calculated for more than one items is called ___________?


aSensitive Price Index number


bConsumer Index Number


cSimple Aggregation 1. Number


dChain Indices



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