Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
This online test contains MCQs about following topics:
Introduction to index number . Construction of price index number . Unweighted index numbers . Weighted index numbers . Consumer price index and wholesale price index
MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
Try The MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
-
Total Questions17
-
Time Allowed20
Statistics Ics Part 1 Chapter 5 Online Test
00:00
Question # 1
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 2
Index number are called:
Question # 3
Geometric mean of the relative is.
Question # 4
Index number of the year text to the base year can be shown as
Question # 5
The weights used in a price index are.
Question # 6
In chain base method the base period is.
Question # 7
Commodities subject to considerable price variation should best be measured by
Question # 8
The changes in whole sale or retail price are studies in
Question # 9
Which is the most useful average in chain base method
Question # 10
Which index number has a wide soope
Question # 11
If we went to compare the prices of wheat then we have to compute.
Question # 12
Which is the most suitabel average in chain base method.
Question # 13
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 14
While dealing with price we use ----------------- as weights
Question # 15
Commodities subject to considerable price variation should be best measured by
Question # 16
The volume or quantity of goods are compared by_______
Question # 17
Which of the following indices has an upward bias.
ICS Part 1 Statistics Chapter 5 MCQs Test
Top Scorers Of Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test" MCQ`s Test
-
A Areeha Waheed 13 - Jul - 2024 00 Min 49 Sec 17/17 -
U Ubaid Raza 10 - Sep - 2024 01 Min 33 Sec 17/17 -
M Maryam Ijaz 20 - Oct - 2024 00 Min 01 Sec 16/17 -
M Muhammad boota 11 - Jan - 2024 04 Min 27 Sec 15/17 -
G Ghazala Yasmeen 13 - Nov - 2024 03 Min 55 Sec 14/17 -
R Raheema Fayyaz 15 - Jan - 2024 06 Min 09 Sec 14/17 -
A Abdullah Safdar 17 - Jun - 2026 02 Min 13 Sec 13/17 -
A Ammara 13 - May - 2024 02 Min 13 Sec 13/17 -
M muhammad Saad 21 - Apr - 2024 03 Min 04 Sec 13/17 -
M Muhammad Ali 02 - Jun - 2024 03 Min 36 Sec 13/17 -
U Umm-e-hani Hani 29 - Feb - 2024 05 Min 01 Sec 13/17 -
B Babogujjar 08 - Dec - 2024 05 Min 30 Sec 13/17 -
K Kashif Zaidi 09 - Sep - 2024 06 Min 21 Sec 13/17 -
U Umair 17 - Apr - 2024 07 Min 13 Sec 13/17 -
H HAROON ZUBAIR 23 - Oct - 2023 04 Min 31 Sec 12/17
ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 2 | If all the values considered in calculating an inxed are of equal importance, teh index is. |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
| 3 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 4 | In the price relative, the given year price is divided by the _________. |
A. Base year price
B. Current year price
C. Previous year price
D. None of these
|
| 5 | Which of the followingindices satisfies both the time reversal and factor reversal tests. |
A. Fisher's method
B. Paasche's method
C. Laspeyres method
D. None of these
|
| 6 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 7 | Theoretically best average used in the construction of composite index in |
A. The arithmetic mean
B. The geometric mean
C. The median
D. The harmonic mean
|
| 8 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
| 9 | An index that measures the change for a fixed time period is called. |
A. Chain base method
B. Fixed base method
C. Simple aggregative method
D. Cost of living method
|
| 10 | Which of the followingindices satisfies both the time reversal and factor reversal tests. |
A. Fisher's method
B. Paasche's method
C. Laspeyres method
D. None of these
|
Test Questions
Share your comments & questions here
Merry
28 Mar 2016This is very inf0rmative site.