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Class 11 Economics (Statistics For Economics) Chapter 8 Index Numbers Quiz 2 (25 MCQs)

Quiz Instructions

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1. If $p_0$ $p_1$
2. The Dorbish-Bowley's price index is the
3. Equation for Simple aggregative Index Number is .....
4. Index number is a special type of
5. The index number which uses both Base and Current year quantities is
6. Apakah maksud nilai indeks harga 75?
7. If all the values are not of equal importance the index number is called
8. An overall upward or downward pattern in an annual time series would be contained in which component of the time series?
9. In Laspeyre's price index number, weight is considered as
10. The consumer price index in 2000 increases by 80% as compared to the base 1990.A person I 1990 getting Rs 60, 000per annum should now get
11. In regression analysis, the variable that is being predicted is;
12. The number of students in a school decreased from 1600 students in the year 2017 to 1520 students in the year 2018. Calculate the index number to show the change in the number of students in they year 2018 based on the year 2017.
13. Aidil's monthly salary in the the year 2012 was RM3780. The index number for Aidil's monthly salary for the year 2012 based on the year 2002 is 315. Calculate Aidil's monthly salary in the year 2002.
14. ..... index number satisfies both TRT and FRT
15. An Index increased from 100 to 125 from 1995 to 2005. We conclude this is .....
16. Index Numbers are
17. ..... index number takes the geometric mean of quantities of base year and current year as weight
18. Which of the following statements is not true about the selection of the base period?
19. Which component of time series refers to erratic time series movements that follow no recognizable or regular pattern?
20. Index numbers are used to measure comparative changes
21. $\frac{\sum_{ }^{ }p_1q_0}{\sum_{ }^{ }p_0q_0}\times100$
22. Which of the following is used to denote prices in the base period
23. The number of theft cases in the year 2009 was 1200 and the index number that represents the number of theft cases is 80 using the year 2008 as the base year. Find the number of theft cases in the year 2008
24. Index numbers can be used for
25. If $bxy$ $byx$
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