Question # 1

The heading for different columns are called.

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Column captions

Rows captions

Box -Head

Both a and c

When the price of a year is divided by the price of the preceding year we get.

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Price index

simple relative

Link relative

Value index

If P (A) = 0.30 and P (B) = 0.6 than P ( A ^B)

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.9

.18

.3

.4

Data classified by attributes is called.

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Quantitative

Qualitative

Numerical

None of above

Fisher index number is the G.M. of the.

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Marshall Edgeworth index number

Liaspeyre's and Paasche's index number

Laspeyre's index number

Paasche's index number

Extreme scores willhave the following effecton the median of an examination.

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They land to raise it

They may tend to lower it

They may have no effect on it

They tend to lower it

Price relaties computed by chain base method is called.

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Link relatives

Value inded

Simple relatives

Price relatives

Primary data , ungrouped dtata and unpublishe data are

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Synonymous terms

Antonymous terms.

Opposite terms

First -hand colleted data is called.

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Grouped data

Primary data

Secondary data

Both a and c

A set containing all the elements of the sets under consideration is called.

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Complimentary set

Overlapping set

Univeersal set

Infinite set

Classification of data on the basis of place is called.

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Temporal classification

Spatial classification

Geographical classification

Both b and d

Population represents.

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Universe

All cases in a particular study

Some cases in a paticular study

Both a and c

Which of the following is called an ideal index number.

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Paasche's index number

Laspeyre's index number

Marshal's index number

Fisher's index number

The presentation of available data in aaseending or descending order of magnitude called.

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Classification

Tabulation

Array

Random

10! =..........................

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100

362880

3628800

10

A measure computed on the basis of pupulation data is called.

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Parameter

Statistics

Statistic

None of these

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Business Statistics Icom Part 2 English Medium Online Test MCQs With Answers

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