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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
Snowball sampling is used for data collection through.
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Connecting relations
Small population
Representatives
None of the above
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Question # 2
What is the process of summarizing raw data and displaying them on compact statistical tables for further analysis.
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Statistical analysis
Data processing
Tabulation
Table construction
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Question # 3
Non proportional random sampling is a sub type of.
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Unrestricted random sampling
Simple Random sampling
Stratified Random sampling
Cluster Random sampling
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Question # 4
The term skewness refers to.
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Bulginess
Lack of symmetry
symmetrical
Normal
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Question # 5
Who stated statistics as 'aggregate of knowledge brought together for practical ends.
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W.I. King
A.L Bowley
Prof. H secrist
None of the above
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Question # 6
To basic objective of sampling study is.
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To draw inference
To check units of population
To collect numerical data
To make census
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Question # 7
To study the variation in the production of rice over a number of years, select from the following, the appropriate sample for drawing results that reflects only small variations.
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Collect data from some states
Collect data from all the states
Collect data from one or two states
Collect data from more than half the number of states.
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Question # 8
Which among the following is not a merit of the census method.
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Results are representative
Information on rare events
Result are reliable
In appropriate method for enumeration
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Question # 9
It is a process of checking to detect and correct errors and omissions.
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Coding
Editing
Analysis
Classifications
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Question # 10
Statistics are affected to a market extend by
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Aggregate of facts
Multiplicity of causes
Numerically stated
Complex manifestations
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Question # 11
"More reliable results can be obtained through sampling method" because.
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Statistical error is low
Saves time
Cost is low
None of the above
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Question # 12
If the same amount is added to or subtracted from all the values, standard deviation shall be.
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Changed
Unchanged
Both
None
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Question # 13
It provides systematic knowledge on problem and issues analyzed.
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Research report
Research proposal
Research abstract
Research design
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Question # 14
Academic community is otherwise called.
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General public
Target audience
Participant audience
Scientific community
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Question # 15
The very word statistics refers to.
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State craft
Science of state
Political state
Political craft
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Question # 16
What the process of summarizing raw data and displaying them on compact statistical table for further analysis.
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Statistical analysis
Data processing
Tabulation
Table construction
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Question # 17
Which of the following statements is true about hypothesis.
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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 # 18
The definition of various terms, units of collection and measurement help ensuring that.
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Analysis is easy
Method is systematic and emprical
Construction of conclusions easy
Data is relevant to the purpose
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Question # 19
Which of the following index numbers is an important statistical concept in economic theory.
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Per capita income
Cost of living
Gross National product
Maximum Retail price
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Question # 20
According to Lincoln, I. Chao what is the primary objective of modern statics.
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Presentation of data
Collection of quantitative data
Assisting in making decisions
Summarization of data
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Question # 21
'Equal chance of being included in the sample", about what does Dr. Yates and Harper defined like this.
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Stratified sampling
Probability sampling
Proportional sampling
None of these
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