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5th Chapter

ICS Part 1 Statistics Chapter 5 MCQs Test

First Year Statistics Chapter 5 Online MCQ Test for 1st Year Statistics Chapter 5 (Index Numbers)

This online test contains MCQs about following topics:

Introduction to index number . Construction of price index number . Unweighted index numbers . Weighted index numbers . Consumer price index and wholesale price index

ICS Part 1 Statistics Chapter 5 Test

Start Chapter 5 Test

ICS Part 1 Statistics Chapter Wise Test

First Year Statistics Chapter 5 Online MCQ Test for 1st Year Statistics Chapter 5 (Index Numbers)

Sr. # Questions Answers Choice
1 Circular test is satisfied by
  • A. Laspeyres index
  • B. Paasche's index
  • C. Fisher's method
  • D. None of these
2 Theoretically best average used in the construction of composite index in
  • A. The arithmetic mean
  • B. The geometric mean
  • C. The median
  • D. The harmonic mean
3 Commodities subject to considerable price variation should best be measured by
  • A. Quantity index
  • B. Price index
  • C. Value index
  • D. None of these
4 Which index number has a wide soope
  • A. Special
  • B. General
  • C. Price
  • D. Quantity
5 Both quantities and prices are used in
  • A. Link relatives
  • B. Chain relatives
  • C. Average of relatives
  • D. Aggregative index numbers
6 Which of the following methods uses quantities consumed in the base period when computing a weighted index.
  • A. Laspeyree'method
  • B. Paasche's method
  • C. Fisher's method
  • D. None of these
7 Base yar weighted index number are.
  • A. Laspeyre's
  • B. Paasche's
  • C. Fisher's
  • D. C.P.I
8 The weights used in a price index are.
  • A. Percentage of total price
  • B. Average of prices
  • C. Quantities
  • D. None of these
9 Price of commodity in current year can be represented as
  • A. P<sub>oi</sub>
  • B. P<sub>on</sub>
  • C. P<sub>n</sub>
  • D. P<sub>i</sub>
10 The index number given by formula&nbsp;Σp<sub>n</sub>q<sub>n</sub>/Σp<sub>n</sub>q<sub>n</sub> x100 is:
  • A. Laspeyres index
  • B. The paasche's index
  • C. The value index
  • D. None of these

Top Scorers of Statistics Ics Part 1 Chapter 5 Online Test

A

Areeha Waheed

Lahore13 - Jul - 2024

17/17
49 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

14/17
49 Sec
A

Ammara

Lahore13 - May - 2024

13/17
02 Mins 13 Sec
M

Muhammad Ali

Lahore02 - Jun - 2024

13/17
03 Mins 36 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

12/17
49 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

12/17
49 Sec
M

Muhammad Saad

Lahore12 - May - 2024

12/17
01 Mins 52 Sec
M

Muhammad Ali

Lahore02 - Jun - 2024

12/17
03 Mins 07 Sec
E

Esha Hanif

Lahore24 - Jun - 2024

12/17
04 Mins 38 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

11/17
49 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

11/17
49 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

11/17
49 Sec
A

Areeha Waheed

Lahore13 - Jul - 2024

11/17
49 Sec
A

Ammara

Lahore13 - May - 2024

11/17
01 Mins 50 Sec
M

Muhammad Ali

Lahore02 - Jun - 2024

11/17
02 Mins 27 Sec

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    Merry

    28 Mar 2016

    This is very inf0rmative site.

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