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12th Standard English Medium Economics Subject Introduction to Statistical Methods and Econometrics Creative 1 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. Evidence from history proves that during the reign of Chandra Gupta Maurya, there existed a system of maintaining ________.

    (a)

    vital statistics

    (b)

    descriptive statistics

    (c)

    inferential statistics

    (d)

    none of the above

  2. Which is not a limitation of statistics?

    (a)

    Statistics is not suitable to the study of qualitative phenomenon

    (b)

    Statistical laws are not exact

    (c)

    Statistical collection should be systematic with a predetermined purpose

    (d)

    Statistics is only one of the methods of studying a problem

  3. The branch of statistics concerned with using sample data to make an inference about a population of data is called _________.

    (a)

    Mathematical Statistics

    (b)

    Descriptive Statistics

    (c)

    Vital Statistics

    (d)

    Inferential Statistics

  4. Those data which do not already exist in any form, and thus have to be collected for the first time from the primary source(s).

    (a)

    Secondary data

    (b)

    Vital data

    (c)

    Raw data

    (d)

    Primary data

  5. There are two methods of calculating Standard deviation in an individual series.

    (a)

    deviations taken from actual mean and deviation taken from assumed mean

    (b)

    deviations taken from assumed mean and deviation taken from actual mean

    (c)

    deviations taken from actual median and deviation taken from assumed mean

    (d)

    None of the above

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