First Year Statistics Chapter 5 Online Short Questions for 1st Year Statistics Chapter 5 (Index Numbers)

Many students found the Statistics a tough subject. It is because the students did not get the proper guidance. In Statistics subject with the little hard work and practice students can get good marks in the exams. Here ilmkidunya is providing the students all type of study material i.e. Short questions, mcq, online test system and much more material for the preparation and to get good marks in exams. Candidates of ICS part 1 are informed that they are able to download solved short questions of English medium Statistics chapter No.5 (Index numbers) from our Pakistan no 1 website ilmkidunya.com. They can practice with solved short questions for very well preparations of final term examinations of Statistics. Students can also practice through an online test system. Through online test system students can give the test of any subject chapter and can prepare for the exams in a very effective way.

In this chapter students can cover these topics which are:

  • Introduction

  • Simple index numbers

  • Composite index numbers

  • Weighted index numbers

  • Example besco projects

  • City of newton

    • Many students get bored from the old methods of studying from the books and notes. The students who are in a search of the proper help and guidance in the study then Ilmkidunya is the Pakistan’s best platform for the students that provides study material to the students in the best and new way to teach and help the students. Ilmkidunya website also provide the video lectures to the students of every level so that they can watch video lectures online easily by the best teachers in an easy way.

    Here ilmkidunya provides all the important and up to date short questions of the chapter 05 (Index numbers) of the statistics subject ICS part 1. Students of ICS part 1 can easily prepare for their papers and test here for the good achievement in exams. These short questions of the chapter 05 covers all the chapter very easily, so that students can learn and understand the whole chapter without difficulty. Keep visiting the site ilmkidunya to get up to dates of all the study news and latest study material. Students also find the results of all boards.

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    Online Short Questions For Chapter 5 "ICS Part 1 Statistics Chapter 5 Short Questions Preparation "

    Try The Short Questions For ICS Part 1 Statistics Chapter 5 Short Questions Preparation

    • Total Questions10

    • Available Sets5

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    Statistics - ICS Part 1 Statistics Chapter 5 Short Questions Preparation

    Question # 1

    What is a market basket.

    • Ans 1: The goods and services are called the market basket it consists of
    • Ans 2: 1- Food
    • Ans 3: 2- House rent
    • Ans 4: 3- Clothing 4- fuel and light 5- education
    • Ans 5: 6- miscellaneous items 7- Two mean as of
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    Prepare Complete Set Wise Questions For Chapter 5 "ICS Part 1 Statistics Chapter 5 Short Questions Preparation "

    ICS Part 1 Statistics Chapter 5 Short Questions Preparation - Set 1

    Question # 1

    What is a market basket.

    • Ans 1: The goods and services are called the market basket it consists of
    • Ans 2: 1- Food
    • Ans 3: 2- House rent
    • Ans 4: 3- Clothing 4- fuel and light 5- education
    • Ans 5: 6- miscellaneous items 7- Two mean as of
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    ICS Part 1 Statistics Chapter 5 Short Questions Preparation - Set 2

    Question # 1

    Define link relative .

    • Ans 1: A price relative in which price of the precodring year is taken as base is called the link relative.
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    ICS Part 1 Statistics Chapter 5 Short Questions Preparation - Set 3

    Question # 1

    Differnence between fixed base method and chain base method.

    • Ans 1: Fixed Base Method: In this method , the average price of a particular year or the average of teh prices of a numebr of years is used as base.
    • Ans 2: Chain base Method: In this method price of the preceding year is taken as base. Price relatives computed by chain base method are called link relatives. Link relativesa re also expressed as percentages.
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    ICS Part 1 Statistics Chapter 5 Short Questions Preparation - Set 4

    Question # 1

    What is the difference between simple and composite index number?

    • Ans 1: Simple index number measures the relative change in single variable while composite index number measure the relative change in more than one variable.
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    ICS Part 1 Statistics Chapter 5 Short Questions Preparation - Set 5

    Question # 1

    Name the sources of index number.

    • Ans 1: Publications of Federal Bureau of statistic. Provincial Bureaus of statistics and state Bank of Pakistan provide a wealth of data. Almost all government departments distribute data about their activites from which index numbers can be computed.
    • Ans 2: Many finanaicial and business newspapers and magazines privide information from which index numbers can be computed.
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    11th Class Statistics Chapter 5 Preparation

    Here you can prepare 11th Class Statistics Chapter 5 (Index Numbers) Preparation. Click the button for 100% free full practice Preparation.

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