ECONOMICS CH 1 STATISTICS MCQs

13 cards   |   Total Attempts: 183
  

Cards In This Set

Front Back
Which of the given statements is not an example of statistics?
A. Birth rate in India is 18 per 1000 as compared to 8 per 1000 in US.B. Ramesh has rs.1000 note in his pocket. C. Over the last 10 years,India has won 60 test matches in cricket and lost 50.D. Average pocket allowance of the students of class xi rs.500 per month.
Which of the following is correct Regarding statistics?
A. Aggregate of factsb. Numerically expressedc. Affected by multiplicity of causesd. All of these
In singular sense,statistics means
A. Statistical science b. Statistical lawc. Both a n bd. None of these
The aggregate of data is called
A. Statistics b. Editing of datac. Analysis of datad. Collection of data
Which of the following data indicates a stage of statistical study?
A. Collection of datab. Presentation of data c. Analysis of datad. All of these
In plural sense which of the following is not a characteristic of statistics?
A. Aggregate of factsb. Only expressed in wordsc. Affected by multiplicity of causes d. Collected in a systematic manner
The process of converting raw materials into goods is called
A. Production b. SavingC. Investment d. Exchange
All quantitative information is __________
Not statistics
_________ deals with economic issues at the level of economy as a whole.
Macroeconomics
In ______ sense, statistics refer to the information in terms of numerical data.
Plural
________ statistics refers to those methods which are used for the collection of data
Descriptive
_______ statistics refers to those methods by which conclusions are drawn relating to the population on the basis of a given sample.
Inferential
Distrust of statistics is because of _______
Misuse of statistics