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
When the base year values are used as weights, the weighted average of relatives price index is the same as.
Question # 2
If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.
Question # 3
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 4
the base period can be described as a normal period if
Question # 5
Link relataives can be obtained dividing Pn by
Question # 6
Paasche's index is also called
Question # 7
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 8
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 9
Which of the following indices has an upward bias.
Question # 10
Composite inde numebr involves commodities.
Question # 11
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 12
The weights used in a price index are.
Question # 13
Index number of the year text to the base year can be shown as
Question # 14
In a fixed base method which period is taken always 100
Question # 15
For computing chain index , we compute
Question # 16
When all the commodities are not of equal importance, the index numbers are called.
Question # 17
An index that measures the change for a fixed time period is called.
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 | Commodities subject to considerable price variation should be best measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 2 | The weights used in a price index are. |
A. Percentage of total price
B. Average of prices
C. Quantities
D. None of these
|
| 3 | 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
|
| 4 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
| 5 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
| 6 | While dealing with price we use ----------------- as weights |
A. Quantity
B. Quality
C. Volume
D. Both (b) and (c)
|
| 7 | Value of commodity can be calculate by the formula |
A. Po x Pn
B. Price x volume
C.
D. Price x quantity
|
| 8 | The consumer price index number is also called. |
A. The cost of living index number
B. The retail price index number
C. The wholsale price index number
D. Both a and b
|
| 9 | Which of the following price indices are prepared by Federal Bureau of Statistics. |
A. Wholesale price index
B. Consumer price index
C. Sensitive price indicator
D. All of these
|
| 10 | The index number given by formula Σpnqn/Σpnqn x100 is: |
A. Laspeyres index
B. The paasche's index
C. The value index
D. None of these
|
Test Questions
Share your comments & questions here
Merry
28 Mar 2016This is very inf0rmative site.