# Business Statistics MCQ

Table of Contents

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## 141. Weighted G.M. of relative formula satisfy test

A. Time Reversal Test

B. Circular test

C. Factor Reversal Test

D. None

## 142. Factor Reversal test is satisfied by:

A. Fisher’s Ideal Index

B. Laspeyres Index

C. Paasches Index

D. None

## 143. Laspeyre’s formula does not obey:

A. Factor Reversal Test

B. Time Reversal Test

C. Circular Test

D. None

## 144. A ratio or an average of ratios expressed as a percentage is called

A. a relative no

B. an absolute no.

C. an index no.

D. none

A. False

B. True

C. Both

D. None

A. Index

B. Absolute

C. Relative

D. None

A. Frequency

B. Class

C. Sample

D. None

A. Sample

B. Base period

C. Estimation

D. None

## 149. The ratio of price of single commodity in a given period to its price in another period is called the

A. base period

B. price ratio

C. relative price

D. none

A. 1 on 0

B. 0 on 1

C. 1 on 1

D. 0 on 0