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PPSC Economics Chapter 12 Statistics In Economics MCQs With Answers
Question # 1
The law of inertia of large numbers means.
Choose an answer
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 # 2
Sum of squares of the deviations about mean is.
Choose an answer
Maximum
Minimum
zero
one
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Question # 3
Data is collected with reasonable standard of.
Choose an answer
Numerical method
Feasibility
Accuracy
All of the above
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Question # 4
A single value that represent the average characteristics of tis frequency distribution.
Choose an answer
quarterlies
Grouped data
Central tendency
Range
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Question # 5
What is embodies sampling.
Choose an answer
Haphazard selection
Numbers
Definite rules
Accuracy
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Question # 6
Which of the following is true about skewed distribution.
Choose an answer
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 # 7
According to Lincoln, I. Chao what is the primary objective of modern statics.
Choose an answer
Presentation of data
Collection of quantitative data
Assisting in making decisions
Summarization of data
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Question # 8
Who stated statistics as 'aggregate of knowledge brought together for practical ends.
Choose an answer
W.I. King
A.L Bowley
Prof. H secrist
None of the above
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Question # 9
Who own the random number table which comprising of 15,000 digits arranged in twos.
Choose an answer
Kendall and B,B. Smith
L.H.C. Tippet
British Census report
Fisher and Yates
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Question # 10
Statistics should be capable of.
Choose an answer
Empiricism
systematic inquiry
Comparison
Evolution
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Question # 11
Which among the following is the sensible theory of sampling.
Choose an answer
Induction
Inertia
Regularity
None of the above
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Question # 12
Which among the following is not an essential of sampling.
Choose an answer
Representativeness
Complete
Same
Dependent
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Question # 13
To study the variation in the production of rice over a number of years, select from the following, the appropriate sample for drawing results that reflects only small variations.
Choose an answer
Collect data from some states
Collect data from all the states
Collect data from one or two states
Collect data from more than half the number of states.
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Question # 14
If the same amount is added to or subtracted from all the values, standard deviation shall be.
Choose an answer
Changed
Unchanged
Both
None
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Question # 15
Which among the following is a material for statics.
Choose an answer
Honesty
Poverty
Wisdom
Numerical data
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Question # 16
Which provide a shorthand summary of data.
Choose an answer
Frequency table
Simple table
Cross table
Two way table
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Question # 17
It provides systematic knowledge on problem and issues analyzed.
Choose an answer
Research report
Research proposal
Research abstract
Research design
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Question # 18
The recording of the data is dome on the basis of the scheme.
Choose an answer
coding
Tabulation
Classification
Analysis
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Question # 19
The values are represented by identical symbol or picture's
Choose an answer
Bar charts
Pictograms
Circle charts
graphs
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Question # 20
Which of the following are function of inferential statistic.
Choose an answer
Estimation
Testing of hypothesis
both a and b
None of these
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Question # 21
Chose the advantage of snowball sampling from the following.
Choose an answer
population of not seen
Total size of population is not known
researcher's acquaintance influence the research
Contradicts with conventional nations.
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