Question # 1

If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:

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100

104.1

106.2

110.2

In a binomial distribution

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μ =σ²

μ <σ²

μ >σ²

μ = 1σ²

In a symmetrical distribution, the coefficient of skewness will always be.

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Negative

zero

1

-1

The index number are generally classified into ___________ types.

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Two

Four

Five

Three

If we do not replace the draw cards back into the pack before the next draw, the used probability distribution will be:

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Binomial

Hypergeometric

Both binomial & hypergeometric

None of these

The number 5.0435001 rounded off to nearest thousandth is.

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5.043

5.044

5.050

5.000

Geometric mean can be calculated by formula

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Second moment about mean is called

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Standard deviation

Mean deviation

Variance

Coefficient of variation

The mean of a binomial distribution depends on.

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Parability of success

Parababilyt of failure

Number of trials

Both a and c

The average of lower and upper class limits is called.

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Class boundary

class frequency

Class mark

Class limit

If b₂ = 3, then the distribution is:

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leptokurtic

Platykurtic

Normal

None of these

The base period in fixed bases should be________

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A normal year

Abnormal year

Special

General

The data which have already been collected by some one are called.

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Secondary data

Primary data

Arrayed data

None of these

Var (B/aX) =?

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1/aVar(X)

b²/a² Var(X)

b²/a Var(X)

None of these

Which is the suitable average for calculting the average price at which articles are sold.

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Geometric mean

Arithmetic mean

Harmonic mean

Mode

Y₃+y₄+......+y₁₅ =

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Σ¹⁵ _i=1 Y₁

Σ¹⁵ _i=3 Y₂

¹⁵Σ_i=3 Y_i

¹⁵Σ_i=3Y_i²

When the base year values are used as weights, the weighted average of relatives price index is the same as.

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the paache's index

The laspeyres index

The unweighted average of relatives price index

None of these

Which of the following distribution(s) has 3 parameters.

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Binomial distribution

Hypergeometric distribution

Both of the above

None of these

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Statistics Ics Part 1 Online Test MCQs With Answers

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