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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
'Equal chance of being included in the sample", about what does Dr. Yates and Harper defined like this.
Choose an answer
Stratified sampling
Probability sampling
Proportional sampling
None of these
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Question # 2
"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 # 3
Which of the following are functions of inferential statistics.
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Estimation
Testing of hypothesis
Both a and b
None of these
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Question # 4
The values are represented by identical symbol or picture's
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Bar charts
Pictograms
Circle charts
graphs
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Question # 5
Estimation is the process of.
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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 # 6
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 # 7
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 # 8
The law of inertia of large numbers means.
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Opposite of the law od statistical regularity.
Same to the law of statistical Regularity
Sample in large numbers create big variations in results.
opposite to the mathematical theory of probability
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Question # 9
Which among the following is the sensible theory of sampling.
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Induction
Inertia
Regularity
None of the above
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Question # 10
Gender is categorized as
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Nominal data
Ordinal data
Interval data
Ratio data
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Question # 11
Parameter in inferential statistics refers to
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Sample value
Data
Population value
Variable name
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Question # 12
Skewness refers to.
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Symmetry
Asymmetry
Flatness
Varience
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Question # 13
i- statistical laws are not exact
ii- statistics reveals the entire story
choose the correct from the following.
Choose an answer
Both the statements are correct
Only the first statement is correct
Only the second statement is correct
Both the statements are wrong.
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Question # 14
Which among the following is a material for statics.
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Honesty
Poverty
Wisdom
Numerical data
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Question # 15
Which provide a shorthand summary of data.
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Frequency table
Simple table
Cross table
Two way table
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Question # 16
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.
Choose an answer
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 # 17
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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