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Online Tests
Statistics Ics Part 1 Chapter 5 Online Test MCQs With Answers
Question # 1
In fixed base method, the base period should be.
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Far away
Normal
Un reliable
Abnormal
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Question # 2
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
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100
104.1
106.2
110.2
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Question # 3
The base period in fixed base should be
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Current year
Normal year
Highest year
Lowest year
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Question # 4
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 # 5
The index numbers are generally classified into ------------- types
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two
Four
five
Three
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Question # 6
Link relataives can be obtained dividing Pn by
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Po
P n-1
qo
qn-1
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Question # 7
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 # 8
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 # 9
Which of the following price indices are prepared by Federal Bureau of Statistics.
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Wholesale price index
Consumer price index
Sensitive price indicator
All of these
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Question # 10
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
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100
200
Zero
1000
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Question # 11
Circular test is satisfied by
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Laspeyres index
Paasche's index
Fisher's method
None of these
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Question # 12
The consumer price index number is also called.
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The cost of living index number
The retail price index number
The wholsale price index number
Both a and b
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Question # 13
Base yar weighted index number are.
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Laspeyre's
Paasche's
Fisher's
C.P.I
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Question # 14
The most suitable average for computing of index number is:
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A.M
G.M
Median
H.M
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Question # 15
The index number are generally classified into ___________ types.
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Two
Four
Five
Three
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Question # 16
The index number given by formula Σp
n
q
n
/Σp
n
q
n
x100 is:
Choose an answer
Laspeyres index
The paasche's index
The value index
None of these
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Question # 17
Consumer price indexis obtained by.
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Paache's formula
Marshall Edgeworth formula
Fisher's ideal formula
Family Budget Method formula
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Question # 18
In a fixed base method which period is taken always 100
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Preceding
Following
Base
Current
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