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Online Tests
Statistics Ics Part 1 Chapter 5 Online Test MCQs With Answers
Question # 1
Both quantities and prices are used in
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Link relatives
Chain relatives
Average of relatives
Aggregative index numbers
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Question # 2
Geometric mean of the relative is.
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Reversible
None - Reversible
Both A and B
None of these
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Question # 3
Laspeyres index number is also called as:
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Base year weight index number
Current year weight index number
Ideal index number
Fisher index number
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Question # 4
How many basic types of index numbers.
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2
3
4
5
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Question # 5
The index number are generally classified into ___________ types.
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Two
Four
Five
Three
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Question # 6
Which of the followingindices satisfies both the time reversal and factor reversal tests.
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Fisher's method
Paasche's method
Laspeyres method
None of these
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Question # 7
An index having a wide scope is called:
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Price index number
General purpose index number
Special purpose index number
None of these
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Question # 8
Importance of commodity is its
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Quantity
Quality
Weight
Price
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Question # 9
Geometric mean is a suitable average in ______ method.
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Price index
Chanin bases
Quantity index
Index mean
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Question # 10
Index number of the year text to the base year can be shown as
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Q
n
Q
on
Q
01
Q
oi
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Question # 11
The price used in the construction of consumer price index numbers are.
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The retail prices
The fixed price
Thw wholsale prices
None of these
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Question # 12
Which of the following methods uses quantities consumed in the base period when computing a weighted index.
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Laspeyree'method
Paasche's method
Fisher's method
None of these
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Question # 13
Paasche's index number is:
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Simple index number
Weighted index number
Un-weighted index number
Composite index number
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Question # 14
Which of the followingindices satisfies both the time reversal and factor reversal tests.
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Fisher's method
Paasche's method
Laspeyres method
None of these
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Question # 15
The change is whole sale or retail are studied ___________
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Price index number
Quantity index number
Volume index number
None of these
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Question # 16
Commodities subject to considerable price variation should best be measured by
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Quantity index
Price index
Value index
None of thes
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Question # 17
If all the values considered in calculating an inxed are of equal importance, teh index is.
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Weighted
Simple
Un weighted
None of these
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Question # 18
Choose an answer
The Laspeyres index
The Paasches index
The value index
None of these
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