MCQOPTIONS
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MCQOPTIONS
This section includes 171 Mcqs, each offering curated multiple-choice questions to sharpen your Economics (CBCS) knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
The goal of _____ is to focus on summarizing and explaining a specific set of data. |
| A. | Inferential statistics |
| B. | Descriptive statistics |
| C. | Both a & b |
| D. | None of the above |
| Answer» C. Both a & b | |
| 152. |
The relationship between median, arithmetic mean and mode is |
| A. | Mode = 2Median 3Mean |
| B. | Mode = 3Median 2Mean |
| C. | Median= 3Mode 2Mean |
| D. | Mean = 3Median 2Mode |
| Answer» C. Median= 3Mode 2Mean | |
| 153. |
The difference between the actual value of the time series and the forecasted value is called: |
| A. | Residual |
| B. | Sum of variation |
| C. | Sum of squares of residual |
| D. | Total of square variation |
| Answer» B. Sum of variation | |
| 154. |
In an open ended frequency distribution: |
| A. | Mean cannot be found |
| B. | Median cannot be found |
| C. | Mode cannot be found |
| D. | None of the above |
| Answer» B. Median cannot be found | |
| 155. |
The process of drawing a sample from a population is known as ____________. |
| A. | Sampling |
| B. | Census |
| C. | Survey research |
| D. | None of the above |
| Answer» B. Census | |
| 156. |
A _____ is a numerical characteristic of a sample and a _____ is a numerical characteristic of a population. |
| A. | Sample, population |
| B. | Population, sample |
| C. | Statistic, parameter |
| D. | Parameter, statistic |
| Answer» D. Parameter, statistic | |
| 157. |
A distribution is called ______ distribution if it has two modes. |
| A. | Uni-modal |
| B. | Bi-modal |
| C. | Tri-modal |
| D. | None of these |
| Answer» C. Tri-modal | |
| 158. |
Population census is conducted through |
| A. | Sample survey |
| B. | Accounting |
| C. | Investigation |
| D. | Complete enumeration |
| Answer» E. | |
| 159. |
Statistics are _____________expressed. |
| A. | Descriptive |
| B. | Ability |
| C. | Qualitatively |
| D. | Quantitatively |
| Answer» E. | |
| 160. |
Which of the following is not a pre-requisite for a good measure of central tendency? |
| A. | It should not be rigidly defined |
| B. | It should be based on all observations |
| C. | It should not be affected by fluctuation of sampling |
| D. | None of the above |
| Answer» B. It should be based on all observations | |
| 161. |
Which one of the following is not a mathematical average? |
| A. | Geometric mean |
| B. | Harmonic mean |
| C. | Arithmetic mean |
| D. | Median |
| Answer» E. | |
| 162. |
Which of the following is a continuous distribution |
| A. | Poisson distribution |
| B. | Binomial distribution |
| C. | Normal distribution |
| D. | All of the above |
| Answer» D. All of the above | |
| 163. |
Which of the following is an example of seasonal variations? |
| A. | Death rate decreased due to advance in science |
| B. | Birth rate increased due to invention of new medicine |
| C. | Sudden increase in death rates caused by wars |
| D. | The sale of air condition increases during summer |
| Answer» E. | |
| 164. |
Individual respondents, focus groups, and panels of respondents are categorized as |
| A. | Primary data sources |
| B. | Secondary data sources |
| C. | Itemized data sources |
| D. | Pointed data sources |
| Answer» C. Itemized data sources | |
| 165. |
Graphical and numerical methods are specialized process utilized in |
| A. | Education statistics |
| B. | Descriptive statistics |
| C. | Business statistics |
| D. | Social statistics |
| Answer» C. Business statistics | |
| 166. |
For a given class 30-44, the midpoint will be ______? |
| A. | 30 |
| B. | 34 |
| C. | 37 |
| D. | 35 |
| Answer» D. 35 | |
| 167. |
Class mark is the value which divides a class into______ equal parts? |
| A. | Four |
| B. | One |
| C. | Three |
| D. | Two |
| Answer» E. | |
| 168. |
A frequency touches the axis |
| A. | Yes |
| B. | No |
| C. | Sometimes |
| D. | None of these |
| Answer» B. No | |
| 169. |
The variables whose calculation is done according to the height, length, and weight are categorized as |
| A. | Discrete variables |
| B. | Flowchart variables |
| C. | Measuring variables |
| D. | Continuous variables |
| Answer» B. Flowchart variables | |
| 170. |
When each member of a population has an equally likely chance of being selected |
| A. | Non-random sampling method |
| B. | Quota sample |
| C. | Snowball sample |
| D. | An equal probability selection method |
| Answer» E. | |
| 171. |
Which of the following is not a form of non-random sampling? |
| A. | Snowball sampling |
| B. | Quota sampling |
| C. | Purposive sampling |
| D. | All of the above |
| Answer» E. | |