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Published on: 03/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Economics Subject - Introduction to Statistical Methods and Econometrics , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test

1.
Econometrics is the amalgamation of
3 subjects
4 subjects
2 subjects
5 subjects
2.
The term Uiis introduced for the representation of
Omitted Variable
Standard error
Bias
Discrete Variable
3.
The term Uiin regression equation is
Residuals
Standard error
Stochastic error term
None
4.
The raw materials of Econometrics are:
Data
Goods
Statistics
Mathematics
5.
Econometric is the word coined by
Francis Galton
Ragnar Frish
Karl Person
Spearsman
6.
Econometrics is the integration of
Economics and Statistics
Economics and Mathematics
Economics, Mathematics and Statistics
None of the above
7.
In the regression equation \(Y={ \beta }_{ 0 }+{ \beta }_{ 1 }{ X }_{ , }\) the X is called:
Independent variable
Dependent variable
Continuous variable
None of the above
8.
In the regression equation \(Y={ \beta }_{ \alpha }+{ \beta }_{ 1 }{ X }_{ , }\)the Y is called:
Independent variable
Dependent variable
Continuous variable
None of the above
9.
If Y = 2 - O.2X, then the value of Y intercept is equal to
-0.2
2
0.2X
All of the above
10.
A process by which we estimate the value of dependent variable on the basis of one or more independent variables is called
Correlation
Regression
Residual
Slope
11.
The purpose of simple linear regression analysis is to:
Predict one variable from another variable
Replace points on a scatter diagram by a straight -line
Measure the degree to which two variables are linearly associated
Obtain the expected value of the independent random variable for a given value of the dependent variable
12.
The term regression was used by:
Newton
Pearson
Spearman
Galton
13.
The value of the coefficient of correlation r lies between
0 and 1
-1 and 0
-1 and +1
-0.5 and +0.5
14.
If the points on the scatter diagram indicate that as one variable increases the other variable tends to decrease the value of r will be:
Perfect positive
Perfect negative
Negative
Zero
15.
If both variables X and Y increase or decrease simultaneously, then the coefficient of correlation will be:
Positive
Negative
Zero
One
16.
A measure of the strength of the linear relationship that exists between two variables is called:
Slope
Intercept
Correlation coefficient
Regression equation
17.
18.
Sources of secondary data are______
Published sources
Unpublished sources
Neither published nor unpublished sources
Both (a) and (b)
19.
Who stated that statistics as a science of estimates and probabilities.
Horace Secrist
R.A Fisher
Ya-Lun-Chou
Boddington
20.
The word 'statistics' is used as _______
Singular.
Plural
Singular and Plural.
None of above
1.
(a)
3 subjects
2.
(a)
Omitted Variable
3.
(c)
Stochastic error term
4.
(a)
Data
5.
(b)
Ragnar Frish
6.
(c)
Economics, Mathematics and Statistics
7.
(a)
Independent variable
8.
(b)
Dependent variable
9.
(b)
2
10.
(b)
Regression
11.
(a)
Predict one variable from another variable
12.
(d)
Galton
13.
(c)
-1 and +1
14.
(c)
Negative
15.
(a)
Positive
16.
(c)
Correlation coefficient
17.
(a)
18.
(d)
Both (a) and (b)
19.
(d)
Boddington
20.
(c)
Singular and Plural.
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Tamilnadu Stateboard 12th Standard Subjects

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Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

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