MCQs of Statistics – INDEX NUMBER

The index numbers are used to measure seasonal and cyclical variations in ________

All Index numbers are not suitable for all _________

An Index Number calculated for more than one items is called _______

Consumer price Index Number also called ____ is designed to measure changes.

Ratio between given year and base year is called ______ in percentage.

An Index number of an average quality of wheat in Lahore______ Index.

G.M. between ____ is called to be Fisher’s Index Number.

Weighted Index number can be classified into _____ categories.

Average calculated used in index number by ____ method.

Price in proceeding year used in the method is called ______

The object of Index number also determines its _______

Measure the change in quantity of goods are called _______

An Index number which measure the change of a _____ is called Aggregative 1. No.

1. Nos. is a ____ for measuring changes in a variable or a group of related variables.

Single number which shows _____ changes in a phenomenon is called an Index Number

Index Number is an important role in the field of Economic and ______

Link relative = ______

Qon means _____ for the given year.

The weighty system changed with ______

Volume Index in Marshall is ____

In computation of index number averages to be used are A.M., G.M. and _____

In Chain base method, the base period is ______

The Index number are used to measure seasonal and cyclical variations in ______

Link relative = _______

Volume index in Marshall is ______

Paasche’s Index number is _____

Base year quantities are used as weights in :______

Which of the formula is used in chain indices: _______

Fisher’s ideal index number is also obtained by: ________

The index number of base period is always:________

An index number is used:

The ratio of a new price to the base year price is called the:

A simple aggregate quantity index is used to:

A simple aggregate price index:

This index measure the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household:

The Laspeyres and Paasche index are examples of:

The Laspeyres price index:

The formula ∑p_oq_n/∑p_oq_o x100 is used to calculate:

The formula ∑p_nq_n/p_oq_n x100 is used to calculate:

A scaling factor is used to: