Business Statistics Icom Part 2 English Medium Online Test With Answers

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Business Statistics Icom Part 2 English Medium Online Test

Sr. # Questions Answers Choice
1 The digit 1,2,3,4,5 are teh roll numbers of 5 students there roll numbers are written on the paper slips and two paper slips are selected of random without replacement. The possible combinatious are. 2 5 10 25
2 Five cards are selected at random from a pack of 52 cards without replacement. The possible combinations are. 2704 (52)5 2598960 260
3 Two cards are selected at random with replacement from a pack of 52 playing cards. The possible outcomes are. 208 2704 104 1326
4 When a dice are rolled, the possible outcomes are. 2 6 4 6n
5 The general purchasing power of currency is determined by. Volume index Composite index Whole sale price index Retail price index
6 Aggregative expenditure method and family budget method always give. Approximate results Same results Antonymous results Different results
7 The prices of rice are compared by. Weighted index Simple index Composite index Compound index
8 The number of commodities in the construction of whole sale index should between 20 to 50, according to. Fisher Marshall Edgeworth Paasche's
9 In fixed base method the base period should be. Normal year Abnormal year Fluctuatingyear Both b and c
10 Fisher index number is the G.M. of the. Marshall Edgeworth index number Liaspeyre's and Paasche's index number Laspeyre's index number Paasche's index number
11 An index number calculated for more than on items is called. Simple index number Compound index number composite index number Relative index number
12 Base year quantities are used as weights in. Paasche's index number fisher's index number Marshall Edgeworth index number Lespeyre's index number
13 The index numbers are calculated in. Ratios Percentages Decimal Fractions
14 WPI stand for. Whole sale price index Whole price index Wider price index Weighted price index
15 An index number is called a simple index when it is computed from. Multiple variables Bi. variables Single variable All of above
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