PPSC Economics Topic 12 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 12 Statistics In Economics

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PPSC Economics Topic 12 Statistics In Economics

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Question # 1

Which of the following is a reason for misuse of statistics.

Question # 2

When the population is badly affected, which type of sampling is appropriate.

Question # 3

Which of the following is not an example of the functions of statistic.

Question # 4

The law of inertia of large numbers means.

Question # 5

Which of the following statements is true about platykurtic curve as compared to normal curve.

Question # 6

Drawing conclusion from the data collected is called.

Question # 7

Who stated statistics as 'aggregate of knowledge brought together for practical ends.

Question # 8

Which device is good to measure variation in open end distribution.

Question # 9

Which among the following is the sensible theory of sampling.

Question # 10

To basic objective of sampling study is.

Question # 11

A single value that represent the average characteristics of its frequency distribution.

Question # 12

A single value that represent the average characteristics of tis frequency distribution.

Question # 13

The term skewness refers to.

Question # 14

"More reliable results can be obtained through sampling method" because.

Question # 15

What is the reason for the necessity of statistics in the field of social sciences.

Question # 16

i- statistical laws are not exact
ii- statistics reveals the entire story
choose the correct from the following.

Question # 17

Quota sampling is the combination of.

Question # 18

For a positively skewed distribution.

Question # 19

The most frequently occurring score in distribution.

Question # 20

A statistic in inferential statistics is related to which of the following.

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Economics
12th Chapter

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Sr.# Question Answer
1 Which of the following statements is true about platykurtic curve as compared to normal curve.
A. Flatter
B. Broader central position
C. Lower tails
D. All of the above
2 Which of the following is a reason for misuse of statistics.
A. data can be manipulated
B. Figures are convincing
C. Figures can be used to mislead readers
D. All of the above
3 Which of the following index numbers is an important statistical concept in economic theory.
A. Per capita income
B. Cost of living
C. Gross National product
D. Maximum Retail price
4 Who stated statistics as 'aggregate of knowledge brought together for practical ends.
A. W.I. King
B. A.L Bowley
C. Prof. H secrist
D. None of the above
5 i- statistical laws are not exact
ii- statistics reveals the entire story
choose the correct from the following.
A. Both the statements are correct
B. Only the first statement is correct
C. Only the second statement is correct
D. Both the statements are wrong.
6 Data is collected with reasonable standard of.
A. Numerical method
B. Feasibility
C. Accuracy
D. All of the above
7 Which of the following is true about skewed distribution.
A. It is symmetrical
B. Mean, median and mode concede
C. Similar to normal distribution.
D. The more mean moves away from mode larger skewness
8 Which device is good to measure variation in open end distribution.
A. Quartile deviation
B. Range
C. Mean deviation
D. Variance
9 Which characteristic of the following is not belonging to statistics as a method.
A. A tool of analysis
B. Helps processing the raw
C. Descriptive nature
D. Processing done by systematic analysis and interpretation
10 A single value that represent the average characteristics of tis frequency distribution.
A. quarterlies
B. Grouped data
C. Central tendency
D. Range
11 The values are represented by identical symbol or pictures.
A. Bar charts
B. Pictograms
C. Circle charts
D. graphs
12 Which among the following is a material for statics.
A. Honesty
B. Poverty
C. Wisdom
D. Numerical data
13 What is the reason for the necessity of statistics in the field of social sciences.
A. Simplification and quantitative approach
B. Knowledge acquisition and description
C. Easiness and analytical
D. all of the above
14 Statistics are affected to a market extend by
A. Aggregate of facts
B. Multiplicity of causes
C. Numerically stated
D. Complex manifestations
15 The values are represented by identical symbol or picture's
A. Bar charts
B. Pictograms
C. Circle charts
D. graphs
16 Which provide a shorthand summary of data.
A. Frequency table
B. Simple table
C. Cross table
D. Two way table
17 The most frequently occurring score in distribution.
A. Mean
B. Mode
C. Median
D. Quartile
18 According to Lincoln, I. Chao what is the primary objective of modern statics.
A. Presentation of data
B. Collection of quantitative data
C. Assisting in making decisions
D. Summarization of data
19 In singular sense 'Statistics' is considered as.
A. Statistical data
B. Statistical methods
C. Both a a and b
D. None of these
20 When the population is badly affected, which type of sampling is appropriate.
A. Systematic sampling
B. Stratified sampling
C. Cluster sampling
D. None of the above

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