Question 1

The trend line Y=a+bX obtained by the least Squares method is known as the line of

Accepted Answer

A) best fit 
B) fit best 
C) best neutral 
D) nonlinear fit 
A) best fit 
B) fit best 
C) best neutral 
D) nonlinear fit A

Question 2

Find the mean of 13,18,13,14,13,16,14,21,13

Accepted Answer

A) 11 
B) 12 
C) 15 
D) 13 
A) 11 
B) 12 
C) 15 
D) 13 C

Question 3

A period for which index number is determined is called as ------

Accepted Answer

A) current period 
B) base period 
C) . Normal period. 
D) None of the above 
A) current period 
B) base period 
C) . Normal period. 
D) None of the above A

Question 4

Which of the following is a method of measuring trend:

Accepted Answer

A) Freehand curve 
B) Bar graph 
C) Histogram 
D) System Analysis 
A) Freehand curve 
B) Bar graph 
C) Histogram 
D) System Analysis

Question 5

Which of the following is a component of timer series;

Accepted Answer

A) Secular trend 
B) Correlation 
C) Regression 
D) Consumer price index 
A) Secular trend 
B) Correlation 
C) Regression 
D) Consumer price index

Question 6

The component of time series useful for long term forecasting is

Accepted Answer

A) Secular trend 
B) Seasonal variation 
C) Cyclical variation 
D) Irregular variation 
A) Secular trend 
B) Seasonal variation 
C) Cyclical variation 
D) Irregular variation

Question 7

In the regression equation Y = 75.65 + 0.50X, the intercept is

Accepted Answer

A) 75.65 
B) 0.5 
C) 1 
D) intereminable 
A) 75.65 
B) 0.5 
C) 1 
D) intereminable

Question 8

Index number calculated by Fisher's formula is ideal because it satisfy:

Accepted Answer

A) Circular test 
B) Factor reversal test 
D) All of the above 
A) Circular test 
B) Factor reversal test 
D) All of the above

Question 9

What type of index number can help the government to formulate its price policies and to take appropriate economic measures to control prices:

Accepted Answer

A) Whole sale price index 
B) Consumer's price 
C) Quantity 
D) None of them 
A) Whole sale price index 
B) Consumer's price 
C) Quantity 
D) None of them

Question 10

is data that is collected by a researcher from first-hand sources

Accepted Answer

A) Primary data 
B) Secondary data 
C) both 
D) none 
A) Primary data 
B) Secondary data 
C) both 
D) none

Question 11

Index number for base year is always considered as------

Accepted Answer

A) 100 
B) 101 
C) 200 
D) 201 
A) 100 
B) 101 
C) 200 
D) 201

Question 12

The general purchasing power of the currency of a country is determined by:

Accepted Answer

A) Retail price index 
B) Volume index 
C) Composite index 
D) Whole-sale price index 
A) Retail price index 
B) Volume index 
C) Composite index 
D) Whole-sale price index

Question 13

A measure of is a single value that attempts to describe a set of data by identifying the central position within that set of

Accepted Answer

A) Central Tendency 
B) Mean 
C) Median 
D) Mode 
A) Central Tendency 
B) Mean 
C) Median 
D) Mode

Question 14

If the growth rate is constant, the trend is -

Accepted Answer

A) linear 
B) non linear 
C) curvy 
D) wavy 
A) linear 
B) non linear 
C) curvy 
D) wavy

Question 15

How many type of data are there in Statistics

Accepted Answer

A) 2 
B) 3 
C) 4 
D) 5 
A) 2 
B) 3 
C) 4 
D) 5

Question 16

Cyclical variations are caused by

Accepted Answer

A) Trade business cycles 
B) Elections 
C) Changes in foreign exchange 
D) Changes in interest rates 
A) Trade business cycles 
B) Elections 
C) Changes in foreign exchange 
D) Changes in interest rates

Question 17

how many types of series are there

Accepted Answer

A) 3 
B) 2 
C) 5 
D) 4 
A) 3 
B) 2 
C) 5 
D) 4

Question 18

Index number is a special type of ----------

Accepted Answer

A) Average 
B) dispersion 
C) correlation 
D) none of the above 
A) Average 
B) dispersion 
C) correlation 
D) none of the above

Question 19

Periodic movements with duration longer than a year are called

Accepted Answer

A) Seasonal movements 
B) Cyclic movements 
C) Social movements 
D) Cultural movements 
A) Seasonal movements 
B) Cyclic movements 
C) Social movements 
D) Cultural movements

Question 20

Laspeyre's index = 110, Paasche's index = 108, then Fisher's Ideal index is equal to:

Accepted Answer

A) 110 
B) 108 
C) 100 
D) 109 
A) 110 
B) 108 
C) 100 
D) 109

The trend line Y=a+bX obtained by the least Squares method is known as the line of

Find the mean of 13,18,13,14,13,16,14,21,13

A period for which index number is determined is called as ------

Which of the following is a method of measuring trend:

Which of the following is a component of timer series;

The component of time series useful for long term forecasting is

In the regression equation Y = 75.65 + 0.50X, the intercept is

Index number calculated by Fisher's formula is ideal because it satisfy:

What type of index number can help the government to formulate its price policies and to take appropriate economic measures to control prices:

is data that is collected by a researcher from first-hand sources

Index number for base year is always considered as------

The general purchasing power of the currency of a country is determined by:

A measure of is a single value that attempts to describe a set of data by identifying the central position within that set of

If the growth rate is constant, the trend is -

How many type of data are there in Statistics

Cyclical variations are caused by

how many types of series are there

Index number is a special type of ----------

Periodic movements with duration longer than a year are called

Laspeyre's index = 110, Paasche's index = 108, then Fisher's Ideal index is equal to:

Statistical Measures of Central Tendency and Dispersion

Basic Concepts and Measures of Statistical Dispersion

Statistical Measures and Correlation Coefficients

Regression and Correlation Analysis

Index Numbers and Statistical Analysis

Average and Range Calculations

Statistics and Data Analysis

Correlation Coefficient, Index Numbers, and Time Series

Filters

Exam 6: Index Numbers, Time Series and Data Collection Methods

The trend line Y=a+bX obtained by the least Squares method is known as the line of

Find the mean of 13,18,13,14,13,16,14,21,13

A period for which index number is determined is called as ------

Which of the following is a method of measuring trend:

Which of the following is a component of timer series;

The component of time series useful for long term forecasting is

In the regression equation Y = 75.65 + 0.50X, the intercept is

Index number calculated by Fisher's formula is ideal because it satisfy:

What type of index number can help the government to formulate its price policies and to take appropriate economic measures to control prices:

is data that is collected by a researcher from first-hand sources

Index number for base year is always considered as------

The general purchasing power of the currency of a country is determined by:

A measure of is a single value that attempts to describe a set of data by identifying the central position within that set of

If the growth rate is constant, the trend is -

How many type of data are there in Statistics

Cyclical variations are caused by

how many types of series are there

Index number is a special type of ----------

Periodic movements with duration longer than a year are called

Laspeyre's index = 110, Paasche's index = 108, then Fisher's Ideal index is equal to:

Statistical Measures of Central Tendency and Dispersion

Basic Concepts and Measures of Statistical Dispersion

Statistical Measures and Correlation Coefficients

Regression and Correlation Analysis

Index Numbers and Statistical Analysis

Average and Range Calculations

Statistics and Data Analysis

Correlation Coefficient, Index Numbers, and Time Series

Filters