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MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Business Statistics Icom Part 2 English Medium Chapter 4 Online Test
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Question # 1
An index number is called a simple index when it is computed from.
Question # 2
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 3
A normal year shuld be free from.
Question # 4
An index number calculated for more than on items is called.
Question # 5
Index numbers are divided into following tow types.
Question # 6
Index numbers are called.
Question # 7
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 8
The general purchasing power of the currency of a country is determined by.
Question # 9
Geometric mean of the relatives is.
Question # 10
An index number having a wide scope is caled.
Question # 11
The index numbers are calculated in.
Question # 12
Fisher index number is the G.M. of the.
Question # 13
Price relaties computed by chain base method is called.
Question # 14
Aggregative expenditure method and family budget method always give.
Question # 15
Laspeyre's index number is also called.
ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test
Top Scorers Of Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test" MCQ`s Test
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A ameer 09 - Jul - 2021 10 Min 50 Sec 14/15
ICom Part II Business Statistics (E.M) Chapter 4 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | If all the values of equal importance, the index numbers are called. |
A. Unweighted
B. Weighted
C. Simple
D. Value index
|
| 2 | When the price of the year is divided by the price of a particular year we get. |
A. Price relative
B. Link relatives
C. Simple relatives
D. All of the above
|
| 3 | Index numbers are called. |
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
|
| 4 | Base year quantities are used as weights in. |
A. Paasche's index number
B. fisher's index number
C. Marshall Edgeworth index number
D. Lespeyre's index number
|
| 5 | Fisher index number is the G.M. of the. |
A. Marshall Edgeworth index number
B. Liaspeyre's and Paasche's index number
C. Laspeyre's index number
D. Paasche's index number
|
| 6 | An index number is called a simple index when it is computed from. |
A. Multiple variables
B. Bi. variables
C. Single variable
D. All of above
|
| 7 | Index number calculated by Fisher's formula is ideal because it satisfies. |
A. Factor reversal test
B. Time reversal test
C. Circular test
D. All of above
|
| 8 | Aggregative expenditure method and family budget method always give. |
A. Approximate results
B. Same results
C. Antonymous results
D. Different results
|
| 9 | The general purchasing power of the currency of a country is determined by. |
A. Simpel index
B. Whole sale price index
C. Composite index
D. Volume index
|
| 10 | Price relaties computed by chain base method is called. |
A. Link relatives
B. Value inded
C. Simple relatives
D. Price relatives
|
Test Questions