Question: Which average is affected most by extreme observations A. mode B. medium C. geometric mean D. arithmetic mean Answer» c. geometric mean Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Question: Earthquake is an example of A. secular trend B. seasonal variation C. cyclical variation D. irregular variation Answer» d. irregular variation Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Question: ‘Primary source data is better than secondary source data’. This statement is A. true B. false C. neither true nor false D. any of the above Answer» b. false Note: The above multiple-choice question is for all general and…

Question: A moving average of a time series is the value around which a series moves over time. A. true B. false C. either of the above D. none of the above Answer» b. false Note: The above multiple-choice question…

Question: To construct a ________we take each person’s score on x and y and plot where theymeet. Each data point represents two scores. A. scatter diagram B. histogram C. pie diagram D. ogive Answer» a. scatter diagram Note: The above…

Question: The major purpose of price index is to measure change in the ………… A. standard of living B. gold content of money C. buying power of money D. capacity to produce Answer» c. buying power of money Note: The…

Question: The positionl value which divide the data into 100 equal parts are A. decile B. percentile C. quartiles D. octiles Answer» b. percentile Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Question: Econometric forecasts require A. accurate estimates of the coefficients of structural equations B. forecasts of future values of exogenous variables C. appropriate theoretical models D. all of the above Answer» d. all of the above Note: The above multiple-choice…

Question: For the list of values, 13, 18, 13, 14, 13, 16, 14, 21, 13, the mean, median, mode, andrange are in the order A. 15, 13, 14, 8 B. 15, 14, 13, 8 C. 8, 15, 14, 13 D.…