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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
What characteristic does statistics emphasizes, as a Method or as a singular noun.
Choose an answer
Descriptive
Analytical
Inferential
Comparative
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Question # 2
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 # 3
A single value that represent the average characteristics of its frequency distribution.
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Quartiles
Grouped data
Central tendency
range
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Question # 4
The values are represented by identical symbol or pictures.
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Bar charts
Pictograms
Circle charts
graphs
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Question # 5
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 # 6
The extent of variability is measured by
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Central tendency
Measures of dispersion
Arithmetic mean
Co relation
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Question # 7
Sum of squares of the deviations about mean is.
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Maximum
Minimum
zero
one
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Question # 8
What is embodies sampling.
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Haphazard selection
Numbers
Definite rules
Accuracy
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Question # 9
Which among the following is a material for statics.
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Honesty
Poverty
Wisdom
Numerical data
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Question # 10
Which of the following statements is true about platykurtic curve as compared to normal curve.
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Flatter
Broader central position
Lower tails
All of the above
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Question # 11
For a positively skewed distribution.
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mean > mode ? median
mean > median > mode
mode > mean > median
mean < mode < median
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Question # 12
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 # 13
Which of the following is true about skewed distribution.
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It is symmetrical
Mean, median and mode concede
Similar to normal distribution.
The more mean moves away from mode larger skewness
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Question # 14
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 # 15
Parameter in inferential statistics refers to
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Sample value
Data
Population value
Variable name
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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
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 # 18
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 # 19
Measure of skewness gives.
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Direction of skewness
Extent of skewness
Both a and b
None of these
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Question # 20
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 # 21
The mathematical theory of probability has helped to form the.
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Statistical theory
Law of inertia of large numbers
Law of statistical Relativity
Law of statistical Regularity
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