11th Class Statistics MCQS Chapter 5

11th Class Statistics MCQS
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While dealing with price we use —————– as weights
Volume
Both (b) and (c)
Quality
Quantity

The base period in fixed base should be
Current year
Highest year
Normal year
Lowest year

The index numbers are generally classified into ————- types
Three
two
five
Four

The weights used in a quantity index are
Average of quantities
Prices
None of these
Percentage of total quantity

Index number of the year text to the base year can be shown as
Qoi
Qn
Q01
Qon

The volume or quantity of goods are compared by_______
Price index number
None of these
Quantity
Volume index number

Importance of commodity is its
Quality
Quantity
Price
Weight

Index number are called:
Both A and C
Economic barometer
Mathematical barometer
Statistical barometer

The change is whole sale or retail are studied ___________
None of these
Volume index number
Price index number
Quantity index number

If Laspeyres index = 104.5, Paasches index = 107.9, then, Fishers ideal index is equal to:
110.2
106.2
100
104.1

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