statistics MCQs – Page 65

Practise multiple-choice questions from statistics for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

statistics Mcqs

1. sample linear regression 2. normal distribution 3. presentation of data 4. statistical inference 5. measures of location 6. basic statistics 7. correlation and regression 8. sampling 9. binomial and hyper geometric probability 10. index number 11. hypothesis testing 12. measures of dispersion

1281. The binomial distribution is symmetrical when:______________?
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A. P > q

B. P = 1/2

C. Probability of success & probability of failure are equal

D. Both (b) & (c) but not (a)

1282. In binomial experiment, the experiment is repeated ______________?
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A. a large number times

B. n = 100

C. n; fixed number of times

D. n; where n < 0

1283. Weighted Index number can be classified into _________ categories?
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A. Five

B. Two

C. Four

D. Three

1284. Link relative = ________________?
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A. Pn/Po x10

B. Pn/Po x100

C. None of these

D. Pn/pn-1 x100

1285. The Laspeyres and Paasche index are examples of_________________?
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A. Weighted index numbers

B. Aggregate index numbers

C. Weighted quantity index only

D. Weighted price index only

1286. Consumer price Index Number also called _________ is designed to measure changes?
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A. Cost Living Index number

B. weighted Index Number

C. Consumer Index Number

D. Whole Sale Index number

1287. Measure the change in quantity of goods are called ________________?
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A. Simple 1. No.

B. Appropriate

C. Quantity Index Number

D. Aggregative 1. No.

1288. All Index numbers are not suitable for all _________________?
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A. Chain relative

B. Kind

C. Purpose

D. Price

1289. The ratio of a new price to the base year price is called the___________?
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A. Price decrease

B. Price increase

C. Price relative

D. Price absolute

1290. Fishers ideal index number is also obtained by _______________?
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A. Taking A.M. of Laspeyres and Paasches index

B. Taking G.M. of Laspeyres and Paasches index

C. Both (a) and (b)

D. None of these

1291. Average calculated used in index number by __________ method?
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A. Four

B. One

C. Three

D. Two

1292. A simple aggregate quantity index is used to______________?
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A. Measure the overall change in price of a range of products

B. Measure the change in quantity of product

C. Measure the change in price of a product

D. Measure the overall change in quantity of range of product.

1293. Price in proceeding year used in the method is called __________?
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A. Fixed Method

B. Chain Method

C. Aggregation Method

D. Volume

1294. The index number of base period is always:_______________?
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A. None of these

B. 200

C. The price of that year

D. 100

1295. Volume index in Marshall is _______________?
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A. ?pn(qo + qn)/?pn

B. ?pn(Po + Pn)/ ?pn (Po + Pn)

C. ?qn(qo + qn)/?qn(po + pn) x100

D. ?qn(Po + Pn)/ ?qo (Po + Pn) x100

1296. CPI also named as__________?
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A. Household price index

B. Retail price index

C. Both a and b

D. None of these

1297. G.M. between __________ is called to be Fishers Index Number?
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A. Fisher and Paasches

B. Paasches Index Number

C. Marshall and Laspeyres

D. Laspeyres and Paasches

1298. Most commonly used index number is___________?
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A. Value index number

B. None of these

C. Quantity index number

D. Price index number

1299. The object of Index number also determines its _______________?
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A. Special purpose

B. Reliable

C. Scope

D. Index Number

1300. An Index number of an average quality of wheat in Lahore__________ Index?
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A. Weighted Index Number

B. value Index Number

C. Volume Index Number

D. Quantity Index Number

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