Ratio between given year and base year is called _____ in percentage?
A. Price relative
B. Link relative
C. Retail prices
D. None of these
Weighted Index number can be classified into _____ categories?
A. Four
B. Three
C. Five
D. Two
Price in proceeding year used in the method is called _______?
A. Fixed Method
B. Chain Method
C. Aggregation Method
D. Volume
Measure the change in quantity of goods are called _______?
A. Simple 1. No.
B. Aggregative 1. No.
C. Appropriate
D. Quantity Index Number
1. Nos. is a ____ for measuring changes in a variable or a group of related variables?
A. variable
B. Region of goods
C. Device
D. Cost
Index Number is an important role in the field of Economic and ____?
A. Science
B. Education
C. Intelligence
D. Business
Qon means _________ for the given year?
A. Price
B. Commodity
C. Quantity in current
D. Quantity Index
Volume Index in Marshall is ________?
A. ∑Pn(Po + Pn)/∑Pn(Po + Pn)
B. ∑Pn(qo + qn)/∑Pn
C. ∑Pn(Po + Pn)/∑Pn(Po + Pn) x100
D. Non of these
In Chain base method, the base period is _______?
A. Fixed
B. Constant
C. Change
D. None of these
Link relative = ______?
A. Pn/pn-1 x100
B. Pn/Po x10
C. Pn/Po x100
D. None of these
Read More: Statistics MCQs related to different topics of statistics.
