× 5th Chapter

## First Year Statistics Chapter 5 Online MCQ Test for 1st Year Statistics Chapter 5 (Index Numbers)

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

#### ICS Part 1 Statistics Chapter 5 Test

Start Chapter 5 Test

### First Year Statistics Chapter 5 Online MCQ Test for 1st Year Statistics Chapter 5 (Index Numbers)

1 If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
• A. 100
• B. 200
• C. Zero
• D. 1000
2 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
3 The base period &nbsp;in fixed bases should be________
• A. A normal year
• B. Abnormal year
• C. Special
• D. General
4 Both quantities and prices are used in:
• B. Chain relatives
• C. Average of relatives&nbsp;
• D. Aggregative index number
5 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
6 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
7 Which index numbers are used to measure the buying power of the money
• A. Wholesale Price index number
• B. Money index number
• C. Simple index number
• D. Price index number
8 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
9 The volume or quantity of goods are compared by_______
• A. Price index number&nbsp;
• B. Volume index number
• C. Quantity
• D. None of these
10 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

### Top Scorers of Statistics Ics Part 1 Chapter 5 Online Test

D

#### Daud Sheraz

Lahore14 - Jan - 2023

15/17
04 Mins 12 Sec
F

#### Farhana Yasmeen

Lahore06 - Jan - 2023

13/17
02 Mins 37 Sec

Sort By:
• M

#### Merry

28 Mar 2016

This is very inf0rmative site.

Like
X

to continue to ilmkidunya.com Fill the form. Our admission consultants will call you with admission options.

X

to continue to ilmkidunya.com

X

to continue to ilmkidunya.com

X