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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
The most frequently occurring score in a distribution
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Mean
mode
Median
Quartile
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Question # 2
Which among the following is the sensible theory of sampling.
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Induction
Inertia
Regularity
None of the above
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Question # 3
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 # 4
Academic community is otherwise called.
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General public
Target audience
Participant audience
Scientific community
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Question # 5
The term skewness refers to.
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Bulginess
Lack of symmetry
symmetrical
Normal
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Question # 6
Which of the following index numbers is an important statistical concept in economic theory.
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Per capita income
Cost of living
Gross National product
Maximum Retail price
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Question # 7
Which characteristic of the following is not belonging to statistics as a method.
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A tool of analysis
Helps processing the raw
Descriptive nature
Processing done by systematic analysis and interpretation
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Question # 8
Snowball sampling is used for data collection through.
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Connecting relations
Small population
Representatives
None of the above
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Question # 9
The very word statistics refers to.
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State craft
Science of state
Political state
Political craft
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Question # 10
When the population is badly affected, which type of sampling is appropriate.
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Systematic sampling
Stratified sampling
Cluster sampling
None of the above
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Question # 11
What characteristic does statistics emphasizes, as a Method or as a singular noun.
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Descriptive
Analytical
Inferential
Comparative
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Question # 12
i- statistical laws are not exact
ii- statistics reveals the entire story
choose the correct from the following.
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Both the statements are correct
Only the first statement is correct
Only the second statement is correct
Both the statements are wrong.
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Question # 13
What is the reason for dropping the enumeration process.
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Cost is prohibitive
Time consuming
Large efforts
All of the above
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Question # 14
Quota sampling is the combination of.
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Purposive and stratified sampling
Purposive and deliberate sampling
Purpose and systematic sampling
stratified and systematic sampling
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Question # 15
The law of inertia of large numbers means.
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Opposite of the law od statistical regularity.
Same to the law of statistical Regularity
Sample in large numbers create big variations in results.
opposite to the mathematical theory of probability
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Question # 16
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 # 17
'Equal chance of being included in the sample", about what does Dr. Yates and Harper defined like this.
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Stratified sampling
Probability sampling
Proportional sampling
None of these
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Question # 18
Which among the following is not a merit of the census method.
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Results are representative
Information on rare events
Result are reliable
In appropriate method for enumeration
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Question # 19
National sample survey scheme is an example for
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Government policy
Planning
Population analysis
Business
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Question # 20
Which provide a shorthand summary of data.
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Frequency table
Simple table
Cross table
Two way table
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