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 An index number having a wide scope is caled. Special purpose inded number Price index number General purpose index number Quantity index number
2 Index numbers are divided into following tow types. Un- weighted and weighted index numbers Simple and un-weighted index numbers Price and quantity index numbers Simple and composite index numbers
3 Laspeyre's index number is also called. Current year weighted index number Base year weighted inxed number Ideal index number None of above
4 If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to. 104.1 111 100 110.2
5 Paasche's index number is called. Composite index number Simple index number Un weighted index number None of above
6 Index numbers are called. Economic barometers Mathematical barometers Statistical barometers Scientific barometers
7 The sum of the deviations is zero when the deviations are taken from Mean Median Mode Weighted mean
8 Artithmetic mean of a data is 32. If 5 is added to each item of the same data., what would the new arithmetic mean be. 32 27 37 42
9 The elimination of extreme scores at the bottom of the set has the effect of. Difficult to tell Lowering the mean Raising the mean No effect
10 In a given data, the average which has the least value is. Geometric mean weighted mean Harmonic mean
11 If the data contains an extreme value, the suitable average is. Mode Median Mean G.M
12 Suitable averagefor averaging the shoe sizes for children is Median Mode Mean G.M
13 We must arrange the data before calculating. Mode G.M Mean Mediam
14 The sum of deviation in zero when deviations are taken from Median Mode Mean Geometric mean
15 Extreme scores willhave the following effecton the median of an examination. They land to raise it They may tend to lower it They may have no effect on it They tend to lower it
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