The formula ∑poqn/∑poqo x100 is used to calculate_______________?

Related Mcqs:

1. The formula ∑pnqn/poqn x100 is used to calculate?

   A. The Laspeyres price index
   B. The Paasche price index
   C. The Paasche quantity index
   D. The Laspeyres quantity index

2. Which of the formula is used in chain indices: ________________?

   A. ∑pn/∑po x100
   B. pn/po x100
   C. pn/pn-1 x100
   D. Both (a) and (b) but not (c)

3. The square bracket is an finite G. Series is obtained by formula _________________?

   A. 1/1-rn
   B. a/1-r
   C. a/1-rn
   D. a/(1-r)n

4. A quantity obtained by applying certain rule or formula is known as ________________?

   A. Estimate
   B. Test Statistics
   C. Estimation
   D. Sample
   E. Estimator

5. Group data formula for mode _______?

   A. 1+ fm – f2/f1 – f2 x h
   B. 1+ f1 – f2/f2 – fm x h
   C. 1 + fm – f1/ (fm – f1) + (fm1 – f2) x h
   D. 1+ fm1 – f2/f1 – fm x h

6. Ratio between given year and base year is called __________ in percentage?

   A. Price relative
   B. Link relative
   C. Retail prices
   D. None of these

7. Qon means _________ for the given year?

   A. Price
   B. Commodity
   C. Quantity in current
   D. Quantity Index

8. An Index number of an average quality of wheat in Lahore__________ Index?

   A. Volume Index Number
   B. value Index Number
   C. Quantity Index Number
   D. Weighted Index Number

9. A simple aggregate quantity index is used to______________?

   A. Measure the change in quantity of product
   B. Measure the overall change in price of a range of products
   C. Measure the overall change in quantity of range of product.
   D. Measure the change in price of a product

10. CPI also named as__________?

    A. Household price index
    B. Retail price index
    C. Both a and b
    D. None of these

    Submitted by: Nimra Shaheen