11th class Statistics chapter 5 online mcq test with answers for ICS part 1 Statistics chapter 5(Index Numbers)

Statistics Ics Part 1 Chapter 5 Online Test

Sr. #	Questions	Answers Choice
1	Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.	Laspeyres method Marshall -Edge worth's methods Peasche's method Fisher's method
2	the base period can be described as a normal period if	it is neither the peak nor the trough of a fluctuation It is the most recent period for which we have data It is the average of several consecutive pariods None of these
3	The weights used in a price index are.	Percentage of total price Average of prices Quantities None of these
4	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.	The values are multiplied together. The largest values is found The valeus are averaged None of them
5	When the base year values are used as weights, the weighted average of relatives price index is the same as.	the paache's index The laspeyres index The unweighted average of relatives price index None of these
6	If all the values considered in calculating an inxed are of equal importance, teh index is.	Weighted Simple Un weighted None of these
7	If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.	90.0 13.75 880 110
8	Geometric mean of the relative is.	Reversible None - Reversible Both A and B None of these
9	The index number given by formula Σp_nq_n/Σp_nq_n x100 is:	Laspeyres index The paasche's index The value index None of these
10	If we went to compare the prices of wheat then we have to compute.	Price index number Quantity index number Volume index number Both B and C
11	The index number are generally classified into ___________ types.	Two  Four Five Three
12	Both quantities and prices are used in:	Link relatives Chain relatives Average of relatives  Aggregative index number
13	If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:	100 104.1 106.2 110.2
14	Paasche's index number is:	Simple index number Weighted index number Un-weighted index number Composite index number
15	Index number are called:	Mathematical barometer Economic barometer Statistical barometer Both A and C
16	Laspeyres index number is also called as:	Base year weight index number Current year weight index number Ideal index number Fisher index number
17	If all the value of have equal importance,then we have to assigned certain values is such index number are called.	Weighted index number Un-weighted index Both A and B Average

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