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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
The term skewness refers to.
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Bulginess
Lack of symmetry
symmetrical
Normal
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Question # 2
Inferential statistics is the branch of statistics which helps in inferring.
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Sample value
Population value
Botha a and b
None of these
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Question # 3
Non proportional random sampling is a sub type of.
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Unrestricted random sampling
Simple Random sampling
Stratified Random sampling
Cluster Random sampling
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Question # 4
What is the characteristic of the sample which is selected randomly.
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It is not average of the whole
It would be representative
It would not be equal to the population
All of the above
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Question # 5
"More reliable results can be obtained through sampling method" because.
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Statistical error is low
Saves time
Cost is low
None of the above
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Question # 6
Coefficient of standard deviation is.
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SD/Median
SD/Mean
SD /Mode
AM/SD
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Question # 7
The definition of various terms, units of collection and measurement help ensuring that.
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Analysis is easy
Method is systematic and emprical
Construction of conclusions easy
Data is relevant to the purpose
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Question # 8
Statistics is one of those science which are only indicative of a trend, therefore
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It is probabilistic than deterministic
It is deterministic than probabilistic
a definite data collection method is unnecessary
Data sources should be clear
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Question # 9
A single value that represent the average characteristics of tis frequency distribution.
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quarterlies
Grouped data
Central tendency
Range
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Question # 10
Skewness refers to.
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Symmetry
Asymmetry
Flatness
Varience
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Question # 11
According to Lincoln, I. Chao what is the primary objective of modern statics.
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Presentation of data
Collection of quantitative data
Assisting in making decisions
Summarization of data
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Question # 12
Statistics should be capable of.
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Empiricism
systematic inquiry
Comparison
Evolution
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Question # 13
The prominent meaning of statistic
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Data , its analysis and interpretation
Observation of samples
Method for analyzing numbers
conducting census
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Question # 14
Academic community is otherwise called.
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General public
Target audience
Participant audience
Scientific community
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Question # 15
What does statistics of distribution indicates.
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Consumer preference
Strength of the desire of people
Wealth of nation
Economics conditions of people
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Question # 16
Data is collected with reasonable standard of.
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Numerical method
Feasibility
Accuracy
All of the above
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Question # 17
Gender is categorized as
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Nominal data
Ordinal data
Interval data
Ratio data
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Question # 18
Which of the following is not an example of the functions of statistic.
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Average
Intelligence quotient
Diagram
x2 test
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Question # 19
Which of the following statements is true about hypothesis.
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It is an assumption about population value
There are different types of hypothesis
Hypothesis testing is a function of inferential statistics
All of the above
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Question # 20
It is a process of checking to detect and correct errors and omissions.
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Coding
Editing
Analysis
Classifications
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Question # 21
National sample survey scheme is an example for
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Government policy
Planning
Population analysis
Business
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