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Statistics Mcqs — Test 21

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Question 1
An Index number of an average quality of wheat in Lahore__________ Index?
Question 2
A scaling factor is used to_________________?
Question 3
All Index numbers are not suitable for all _________________?
Question 4
A simple aggregate price index_____________?
Question 5
The Laspeyres and Paasche index are examples of_________________?
Question 6
The formula ∑poqn/∑poqo x100 is used to calculate_______________?
Question 7
Paasche’s Index number is ______________?
Question 8
Which of the formula is used in chain indices: ________________?
Question 9
The index number of base period is always:_______________?
Question 10
The ratio of a new price to the base year price is called the___________?