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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
Which of the following is true about skewed distribution.
Choose an answer
It is symmetrical
Mean, median and mode concede
Similar to normal distribution.
The more mean moves away from mode larger skewness
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Question # 2
To basic objective of sampling study is.
Choose an answer
To draw inference
To check units of population
To collect numerical data
To make census
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Question # 3
What are the two broad functions of statistical methods in social research.
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Description and summarizing
Description and indication
Description and induction
Applied Mathematics and induction
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Question # 4
What does statistics of distribution indicates.
Choose an answer
Consumer preference
Strength of the desire of people
Wealth of nation
Economics conditions of people
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Question # 5
Which of the following are functions of inferential statistics.
Choose an answer
Estimation
Testing of hypothesis
Both a and b
None of these
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Question # 6
Which stage guides from the planning stage to the stag of drawing of final conclusions.
Choose an answer
Numerical facts
Statistical methods
Data
None of the above
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Question # 7
A single value that represent the average characteristics of tis frequency distribution.
Choose an answer
quarterlies
Grouped data
Central tendency
Range
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Question # 8
Quantitative characteristics includes.
Choose an answer
Beauty
Emotion
Intelligence
Data
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Question # 9
For a positively skewed distribution.
Choose an answer
mean > mode ? median
mean > median > mode
mode > mean > median
mean < mode < median
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Question # 10
Who stated statistics as 'aggregate of knowledge brought together for practical ends.
Choose an answer
W.I. King
A.L Bowley
Prof. H secrist
None of the above
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Question # 11
What does Social Researchers seek out of vast and confusing variety of individual characters.
Choose an answer
Generalizations
Decisions
Single events
group characteristics
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Question # 12
Measure of skewness gives.
Choose an answer
Direction of skewness
Extent of skewness
Both a and b
None of these
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Question # 13
It is a process of checking to detect and correct errors and omissions.
Choose an answer
Coding
Editing
Analysis
Classifications
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Question # 14
Estimation is the process of.
Choose an answer
Formulating some hypothesis about the population
Inferring statistic from parameter
Testing some hypothesis about eh population
Inferring parameter from statistic
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Question # 15
What the process of summarizing raw data and displaying them on compact statistical table for further analysis.
Choose an answer
Statistical analysis
Data processing
Tabulation
Table construction
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Question # 16
Coefficient of standard deviation is.
Choose an answer
SD/Median
SD/Mean
SD /Mode
AM/SD
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Question # 17
In singular sense 'Statistics' is considered as.
Choose an answer
Statistical data
Statistical methods
Both a a and b
None of these
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Question # 18
Which of the following statements is true about hypothesis.
Choose an answer
It is an assumption about population value
There are different types of hypothesis
Hypothesis testing is a function of inferential statistics
All of the above
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Question # 19
Statistics should be capable of.
Choose an answer
Empiricism
systematic inquiry
Comparison
Evolution
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Question # 20
Parameter in inferential statistics refers to
Choose an answer
Sample value
Data
Population value
Variable name
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Question # 21
Which of the following index numbers is an important statistical concept in economic theory.
Choose an answer
Per capita income
Cost of living
Gross National product
Maximum Retail price
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