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Online Tests
Statistics Ics Part 1 Chapter 5 Online Test MCQs With Answers
Question # 1
Paasche's index number is:
Choose an answer
Simple index number
Weighted index number
Un-weighted index number
Composite index number
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Question # 2
The volume or quantity of goods are compared by
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Price index numbers
Relative index numbers
Volume index numbers
Paasche's index
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Question # 3
Index number are called:
Choose an answer
Mathematical barometer
Economic barometer
Statistical barometer
Both A and C
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Question # 4
Index number of the year text to the base year can be shown as
Choose an answer
Q
n
Q
on
Q
01
Q
oi
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Question # 5
The consumer price index number is also called.
Choose an answer
The cost of living index number
The retail price index number
The wholsale price index number
Both a and b
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Question # 6
To measrue how much the cost of some variable changes over time you would use.
Choose an answer
A volue inxex
An inflation index
A quantity index
None of these
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Question # 7
Which is the most suitabel average in chain base method.
Choose an answer
Arithemetic mean
Median
Geometric mean
Weighted arithmetic mean
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Question # 8
The change is whole sale or retail are studied ___________
Choose an answer
Price index number
Quantity index number
Volume index number
None of these
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Question # 9
Theoretically best average used in the construction of composite index in
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The arithmetic mean
The geometric mean
The median
The harmonic mean
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Question # 10
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.
Choose an answer
The values are multiplied together.
The largest values is found
The valeus are averaged
None of them
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Question # 11
Commodities subject to considerable price variation should best be measured by
Choose an answer
Quantity index
Price index
Value index
None of these
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Question # 12
Commodities subject to considerable price variation should be best measured by
Choose an answer
Quantity index
Price index
Value index
None of these
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Question # 13
Geometric mean is a suitable average in ______ method.
Choose an answer
Price index
Chanin bases
Quantity index
Index mean
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Question # 14
An index having a wide scope is called:
Choose an answer
Price index number
General purpose index number
Special purpose index number
None of these
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Question # 15
The index number are generally classified into ___________ types.
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Two
Four
Five
Three
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Question # 16
CPI falls in the category of.
Choose an answer
A simple index
An aggregative
An inflationary index
Wholesale price index
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Question # 17
The changes in whole sale or retail price are studies in
Choose an answer
Price index numbers
Volume index numbers
Aggregate index numbers
Chain index numbers
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