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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
MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
Try The MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
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Total Questions17
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Time Allowed20
Statistics Ics Part 1 Chapter 5 Online Test
00:00
Question # 1
To measrue how much the cost of some variable changes over time you would use.
Question # 2
Geometric mean of the relative is.
Question # 3
For computing chain index , we compute
Question # 4
CPI falls in the category of.
Question # 5
Both quantities and prices are used in:
Question # 6
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 7
Both quantities and prices are used in
Question # 8
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 9
the base period can be described as a normal period if
Question # 10
If all values considered in calculating an index are of equal importance, the index is
Question # 11
The most suitable average for computing of index number is:
Question # 12
Paasche's index number is:
Question # 13
Which method of construction of consumer price index number is the laspeye's index number.
Question # 14
Value of commodity can be calculate by the formula
Question # 15
When all the commodities are not of equal importance, the index numbers are called.
Question # 16
If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.
Question # 17
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
ICS Part 1 Statistics Chapter 5 MCQs Test
Top Scorers Of Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test" MCQ`s Test
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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is. |
A. 100
B. 200
C. Zero
D. 1000
|
| 2 | Which of the followingindices satisfies both the time reversal and factor reversal tests. |
A. Fisher's method
B. Paasche's method
C. Laspeyres method
D. None of these
|
| 3 | How many basic types of index numbers. |
A. 2
B. 3
C. 4
D. 5
|
| 4 | While dealing with price we use ----------------- as weights |
A. Quantity
B. Quality
C. Volume
D. Both (b) and (c)
|
| 5 | In the price relative, the given year price is divided by the _________. |
A. Base year price
B. Current year price
C. Previous year price
D. None of these
|
| 6 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 7 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 8 | If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to: |
A. 100
B. 104.1
C. 106.2
D. 110.2
|
| 9 | the base period can be described as a normal period if |
A. it is neither the peak nor the trough of a fluctuation
B. It is the most recent period for which we have data
C. It is the average of several consecutive pariods
D. None of these
|
| 10 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.