( Best 225+ ) Business Statistics MCQ

by Mr. DJ

Business Statistics MCQ

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Business Statistics MCQ

Business Statistics MCQ

131. A series of numerical figures which show the relative position is called

A. index no.

B. relative no.

C. absolute no.

D. none

132. Index no. for the base period is always taken as

A. 200

B. 50

C. 1

D. 100

133. play a very important part in the construction of index nos

A. weights

B. classes

C. estimations

D. none

134. ___is particularly suitable for the construction of index nos.

A. H.M

B. A.M.

C. G.M

D. None

135. Index nos. show changes rather than absolute amounts of change.

A. Relative

B. Percentage

C. Both

D. None

136. The makes index nos. time-reversible

A. A.M

B. G.M.

C. H.M

D. None

137. Index no. is equal to

A. sum of price relatives

B. average of the price relatives

C. product of price relative

D. none

138. The of group indices given the General Index

A. H.M.

B. G.M.

C. A.M

D. none

139. Circular Test is one of the tests of

A. index no’s

B. hypothesis

C. both

D. none

140. ____ is an extension of time reversal test

A. Factor Reversal test

B. Circular test

C. Both

D. None

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