Part C - Statistics

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[PART – C] STATISTICS
CH 13: STASTICAL DESCRIPTION OF DATA
PAST YEAR QUESTIONS

1. The lower class boundary is :


(a) An upper limit to Lower Class Limit (b) A lower limit to Lower Class Limi
(c) Both (a) & (b) (d) None of these
2. The distribution of profits of a company follows :
(a) J - shaped frequency curve (b) U - shaped frequency curve
(c) Bell - shaped frequency curve (d) Any of these
3. Out of 1000 persons, 25 per cent were industrial workers and the rest were agricultural
workers. 300 persons enjoyed world cup matches on T.V. 30 per cent of the people who had
not watched world cup matches were industrial workers. What is the number of agricultural
workers who had enjoyed world cup matches on TV?
(a) 230 (b) 250 (c) 240 (d) 260
4. Median of a distribution can be obtained from ;
(a) Histogram (b) Frequency Polygon
(c) Less than type Ogives (d) None of these
5. In indirect oral investigation :
(a) Data is not capable of numerical expression
(b) Not possible or desirable to approach informant directly
(c) Data is collected from the books
(d) None of these
6. Circular diagrams are always :
(a) One - dimensional (b) Two – dimensional (c) Three-dimensional (d) Cartograms
7. The column headings of a table are known as :
(a) Body (b) Stub (c) Box – head (d) Caption
8. Some important sources of secondary data are _____
(a) International and Government sources (b) International and primary sources
(c) Private and primary sources (d) Government sources
9. From the following data find the number class intervals if class length is given as 5.
73, 72, 65, 41, 54, 80, 50, 46, 49, 53
(a) 6 (b) 5 (c) 7 (d) 8
10. The most appropriate diagram to represent the data relating to the monthly expenditure on
different items by a family is
(a) Histogram (b) Pie-diagram (c) Frequency polygon (d) Line graph
11. Which of the following is a statistical data ?
(a) Ram is 50 years old.
(b) Height of Ram is 5'6” and of Shyam and Hari is 5'3" and 5‘4" respectively.
(c) Height of Ram is 5'6" and weight is 90kg
(d) Sale of A was more than B and C.

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12. Sales of XYZ Ltd. for 4 months is :


Months Sales
Jan 10,000
Feb 15,000
May 18,000
Apr 9,000
This above data represents :
(a) Discrete (b) Continuous (c) Individual (d) None of these
13. Mid values are also called ______
(a) Lower limit (b) Upper limit (c) Class mark (d) None
14. Which of the following is not a two-dimensional figure ?
(a) Line Diagram (b) Pie Diagram (c) Square Diagram (d) Rectangle Diagram
15. Less than type and more than type Ogives meet at a point known as
(a) Mean (b) Median (c) Mode (d) None
16. Arrange the dimensions of Bar diagram, Cube diagram, Pie diagram in sequence.
(a) 1,3,2 (b) 2,1,3 (c) 2, 3, 1 (d) 3, 2, 1
17. With the help of histogram one can find
(a) Mean (b) Median (c) Mode (d) First Quartile
18. Nationality of a person is
(a) Discrete variable (b) An attribute (c) Continuous variable (d) None
19. If we plot less than and more than type frequency distribution, then the graph plotted is ____
(a) Histogram (b) Frequency Curve (c) Ogive (d) None of these
20. The primary rules that should be observed in classification
i. As far as possible, the class should be of equal width
ii. The classes should be exhaustive
iii. The classes should be unambiguously defined.
Then which of the following is correct
(a) only (i) and (ii) (b) only (ii) and (iii) (c) only (i) and (iii) (d) all (i), (ii)and(iii
21. Using Ogive Curve, we can determine
(a) Median (b) Quarti (c) Both (a) and (b) (d) None
22. Mode can be obtained from
(a) Frequency polygon (b) Histogram (c) Ogive (d) All of the above
23. The data obtained by the internet are
(a) Primary data (b) Secondary data (c) Both (a) and (b) (d) None of these
24. The statistical measure computed from the sample observations alone have been termed as
(a) estimate (b) parameter (c) statistic (d) attribute
25. When the two curves of ogive intersect, the point of intersection provides:
(a) First Quartile (b) Second Quartile (c) Third Quartile (d) Mode
26. Frequency Density can be termed as:
(a) Class frequency to the cumulative frequency
(b) Class frequency to the total frequency
(c) Class frequency to the class length
(d) Class length to the class frequency

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27. The Choronological classification of data are classified on the basis of:
(a) Attributes (b) Area (c) Time (d) Class Interval
28. Arrange the following dimension wise: pie-diagram, bar-diagram and cubic diagram.
(a) 1,2,3 (b) 3,1,2 (c) 3,2,1 (d) 2,1,3
29. The frequency of class 20-30 in the following data is

Class 0-10 10-20 20-30 30-40 40-50


Cumulative Frequency 5 13 28 34 38

(a) 5 (b) 28 (c) 15 (d) 13


30. The Graphical representation by which median is calculated is
(a) Ogive Curve (b) Frequency Curve (c) Line diagram (d) Histogram
31. Which of the following is not a two dimensional diagram?
(a) Square diagram (b) Line diagram (c) Rectangular diagram (d) Pie-chart
32. From which graphical representation, we can calculate partition values ?
(a) Lorenz curve (b) Ogive curve (c) Histogram (d) None of the above
33. The data given below refers to the marks gained by a group of students

Marks Below 10 Below 20 Below 30 Below 40 Below 50


No. of Students 15 38 65 84 100
The no. of students getting marks more than 30 would be?
(a) 50 (b) 53 (c) 35 (d) 62
34. Cost Sugar in a month under the heads raw materials, labour, direct production and others
were 12, 20, 35 & 23 units respectively. The difference between their central angles for the
largest & smallest components of the cost of Sugar is
(a) 92 (b) 72 (c) 48 (d) 56
35. What is a exclusive series?
(a) In which both upper and lower limit are not included in class frequency.
(b) In which upper limit is not included in class frequency.
(c) In which upper limit is not included in class frequency.
(d) None of the above.
36. For data on frequency distribution of weights:
70, 73, 49, 57, 56, 44, 56, 71,65, 62, 60, 50, 55, 49, 63 and 45
If we assume class length as 5, the number of class intervals would be
(a) 5 (b) 6 (c) 7 (d) 8
37. A pie diagram is used to represent the following data:
Source: Customs Excise Income Wealth
Revenue in million rupees 120 180 240 180
The central angles in the pie diagram corresponding to income tax and wealth tax respectively.
(a) 1200, 900) (b) (900, 1200) (c) (600, 1200) (d) (900, 600)
38. Difference between the maximum and minimum value of a given data is called:
(a) Width (b) Size (c) Range (d) Class
39. If class interval is 10 – 14, 15 – 19, 20 – 24, then the first class is
(a) 10 – 15 (b) 9.5 – 14.5 (c) 10.5 – 15.5 (d) 9 – 15

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40. The difference between the upper and lower limit of a class is called ____
(a) Class interval (b) Mid Value (c) Class boundary (d) Frequency
41. There were 200 employees in an office in which 150 were married. Total male employee were
160 out of which 120 were married. What was the number of female unmarried employees?
(a) 30 (b) 10 (c) 40 (d) 50
42. The less than Ogive” is a:
(a) U-Shaped Curve (b) J-Shaped Curve (c) S-Shaped (d) Bell Shaped Curve
43. The following data relates to the marks of a group of students.
Marks No. of Students
More than 70% 07
More than 60% 18
More than 50% 40
More than 40% 60
More than 30% 75
More than 20% 100
How many students have got marks less than 50%?
(a) 60 (b) 82 (c ) 40 (d) 53
44. To draw Histogram, the frequency distribution should be:
(a) Inclusive type (b) Exclusive type
(c) Inclusive and Exclusive type (d) None of these
45. The most appropriate diagram to represent the five - year plan outlay of India in different
economic sectors is:
(a) Pie diagram (b) Histogram (c) Line-Graph (d) Frequency Polygon
46. If the fluctuations in the observed value are very small as compared to the size of the item, it is
presented by:
(a) Z chart (b) Ogive curve (c) False base line (d) Control chart
47. For constructing a histogram, the class-intervals of a frequency distribution must be
(a) equal (b) unequal (c) equal or unequal (d) none of these
48. 100 persons are classified into male/female and graduate/non-graduate classes. This data
classification is:
(a) Cardinal data (b) Ordinal data (c) Spatial Series data (d) Temporal data
49. If we draw a perpendicular on x-axis from the point of inter-section of both ‘less than’ and
‘more than’ frequency curves we will get the value of _____
(a) mode (b) median (c) arithmetic mean (d) third quartile
50. Histogram is used for the presentation of the following type of series
(a) Time series (b) Continuous frequency distribution
(c) Discrete frequency distribution (d) Individual observation
51. Curve obtained by joining the points whose x coordinates are the upper limits of the class
intervals and y coordinates are the corresponding cumulative frequencies is called.
(a) Frequency Polygon (b) Frequency curve (c) Histogram (d) Ogive
52. The number of observations between 150 and 200 based on the following data is
Value: More More More More
than 100 than 150 than 200 than 250
No. of observations: 76 63 28 05
(a) 46 (b) 35 (c) 28 (d) 23
53. The number of car accidents in seven days in a locality are given below:

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No. of accidents: 0 1 2 3 4 5 6 7
Frequency: 12 9 11 13 8 9 6 3
What will be the number of cases when 4 or more accidents occurred?
(a) 32 (b) 41 (c) 26 (d) 18
54. The most common form of diagrammatic representation of a grouped frequency distribution
is:
(a) Histogram (b) Ogive (c) Both (d) None
55. Classification is of _______ kinds.
(a) Two (b) Three (c) One (d) Four
56. The chart that uses logarithm of variable is known as:
(a) Ratio chart (b) Line chart (c) Multiple line chart (d) Component line chart
57. Find the number of observation between 250 and 300 from the following data:

Value more than: 200 250 300 500


No. of observation: 56 38 15 0
(a) 38 (b) 23 (c) 15 (d) None of the above
58. Data collected on religion from the census reports are:
(a) Primary data (b) Secondary data (c) Sample data (d) (a) or (b)
59. In collection of data which of the following interview methods:
(a) Personal interview method (b) Telephone interview method
(c) Published data (d) (a) and (b)
60. For constructing a histogram the class intervals of a frequency distribution must be of the
following type:
(a) Equal (b) Unequal (c) Equal or Unequal (d) None of these
61. Profits made by XYZ Bank which is a blue chip company in different years refer to:
(a) An attribute (b) A discrete variable
(c) A continuous variable (b) None of these
62. Mode of presentation data
(a) Textual presentation (b) Tabulation
(c) Oral presentation (d) (a) and (b)
63. If the data represent costs spent on conducting an examination under various needs, then the
most suitable diagram will be:
(a) Pie diagram (b) Frequency diagram
(c) Bar diagram (b) Multiple bar diagram
64. Frequency density corresponding to class interval is the ratio of:
(a) Class frequency to the total frequency (b) Class frequency to the class length
(c) Class length to the class frequency (d) Class frequency to the cumulative frequency
65. The point of intersection of less than ogive and greater than ogive curve gives us:
(a) Mean (b) Mode (c) Median (d) None of the above
66. Stub’ of a table is the
(a) Left part of the table describing the columns (b) Right part of the table describing the columns
(c) Right part of the table describing the rows (d) Left part of the table describing the rows.
67. Frequency density corresponding to a class interval is the ratio of
(a) Class frequency to total frequency (b) Class frequency to the class length
(c) Class length to class frequency (d) Class frequency to the cumulative frequency.

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68. Frequency density is used in the construction of
(a) Histogram (b) Ogive
(c) Frequency polygon (d) None when the classes are of unequal width
69. Divided bar chart is considered for
(a) Comparing different components of a variable
(b) The relation of different components to the table
(c) (a) or (b)
(d) (a) and (b)
70. The following frequency distribution
X: 12 17 24 36 45
F: 2 5 3 8 6
is classified as
(a) Continuous distribution (b) Discrete distribution
(c) Cumulative frequency distribution (d) None of the above
71. Histogram is useful to determine graphically the value of
(a) Arithmetic mean (b) Median (c) Mode (d) None of the above
72. Data are said to be _______if the investigator himself is responsible for the collection of the data.
(a) Primary data (b) Secondary data
(c) Mixed of primary and secondary data (d) None of the above
73. A suitable graph for representing the portioning of total into sub parts in statistics is:
(a) A Pie chart (b) A pictograph (c) An ogive (d) Histogram
74. The number of times a particular items occurs in a class interval is called its:
(a) Mean (b) Frequency (c) Cumulative frequency (d) None of the above
75. An ogive is a graphical representation of
(a) Cumulative frequency distribution (b) A frequency distribution
(c) Ungrouped data (d) None of the above
76. Class 0- 10 10-20 20-30 30-40 40 – 50
Frequency 4 6 20 8 3
For the class 20-30. Cumulative frequency is:
(a) 10 (b) 26 (c) 30 (d) 41
77. Which of the following graph is suitable for cumulative frequency distribution?
(a) ‘O’give (b) Histogram (c) G.M (d) A.M
78. Histogram can be shown as
(a) Ellipse (b) Rectangle (c) Hyperbola (d) Circle
79. _______Series is continuous.
(a) Open ended (b) Exclusive (c) Close ended (d) Unequal call intervals
80. Ogive graph is used for finding
(a) Mean (b) Mode (c) Median (d) None
81. Histogram is used for finding
(a) Mode (b) Mean (c) First quartile (d) None
82. The graphical representation of cumulative frequency distribution is called.
(a) Histogram (b) Historiagram (c) Ogive (d) None
83. He average of salaries in a factory is ` 47,000. The Statement that the average salary ` 47,000 is ______
(a) Descriptive statics (b) Inferential (c) Detailed (d) Undetailed
84. Statistics cannot deal with _____ data.
(a) quantitative (b) qualitative (c) textual (d) Undetailed
85. Sweetness of a sweet dish is:
(a) Attribute (b) Discrete variable (c) Continuous variable (d) Variable

86. Census reports are used as a source of _______date.

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(a) Secondary (b) Primary (c) Organize (d) Confidential


87. Types of cumulative frequencies are:
(a) 1 (b) 2 (c) 3 (d) 4
88. You are an auditor of a firm and the firm earns a profit of ` 67,000 you stated to them that the annual
profit is ` 67,000. This is ______ type of statistics.
(a) Descriptive (b) Detailed (c) Non detailed (d) Inferential
89. The ______are used usually when we wants to examine the relationship between two variables.
(a) Bar Graph (b) Pie Chart (c) Line Chart (d) Scatter Plot
90. When data are classified according to one criterion, then it is called ________ classification.
(a) quantitative (b) qualitative (c) simple (d) factored
91. A bar chart is drawn for
(a) Continuous data (b) Nominal data
(c) Time series data (d) Comparing different components
92. A tabular presentation can be used for
(a) Continuous series data (b) Nominal data
(c) Time series data for longer period (d) Primary data
93. A variable with qualitative characteristic is known as
(a) Quality Variable (b) An attribute (c) A discrete variable (d) A continuous variable
94. The accuracy and consistency of data can be verified by
(a) Scrutiny (b) Internal Checking (c) External Checking (d) Double Checking
95. From a histogram one cannot compute the approximate value of
(a) Mode (b) Standard deviation (c) Median (d) Mean
96. The left part of a table providing the description of rows is called.
(a) Caption (b) Box-head (c) Stub (d) Body
97. Mode can be obtained from.
(a) Frequency polygon (b) Histogram (c) Ogive (d) All of the above
98. Most of the Company used distribution provide a
(a) Bell – Shaped (b) U Shaped (c) J-Shaped (d) Mixed Curve
99. Which of the following is suitable for the graphical representation of a Cumulative frequency distribution
(a) Frequency polygon (b) Histogram (c) Ogive (d) Pie chart
100. Sweetness of sweet dish is
(a) An Attribute (b) A discrete variable (c) A continuous variable (d) A variable
101. _____ means separating items according to similar characteristics grouping them into various classes:
(a) Classification (b) Editing (c) Separation (d) Tabulation
102. In graphical representation of data, ideographs are also called as:
(a) Picto-graphs (b) Asymmetry graphs (c) Symmetry graphs (d) Pictograms
103. A graph that uses vertical bars to represent data is called a:
(a) Line graph (b) Scatter plot (c) Vertical graphs (d) Bar graph
104. In a graphical representation of data, the largest numerical value is 4 the smallest numerical value is 25.
If classes desired are 4 then which class interval is
(a) 45 (b) 5 (c) 20 (d) 7.5
105. Frequency density of a class interval is the ratio of .
(a) Class frequency to the total frequency
(b) Class length to class frequency
(c) Class frequency to the cumulative frequency
(d) Frequency of that class interval to the corresponding class length

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106. There were 200 employees in an office in which 150 were married. Total male employees were 160 out
of which 120 were married. What was the number of female unmarried employees?
(a) 30 (b) 40 (c) 50 (d) 10
107. Data collected on religion from the census reports are:
(a) Primary data (b) Unclassified data (c) Sample data (d) Secondary data
108. In a study about the male and female students of Commerce and Science departments of a college in 5
years, the following data’s were obtained:
1995 2000
70% female students 75% female students
65% read Commerce 40% read Science
20% of male students read Science 50% of female students read Commerce
3000 total No. of students 3600 total No. of students
After combining 1995 and 2000 if x denotes the ratio of female commerce students to female Science
student and y denotes the ratio of male commerce student to male Science student, then
(a) x = y (b) x > y (c) x < y (d) x  y
109. A National Institute arranged its students data in accordance with different states. This arrangement of
data is known as
(a) Temporal Data (b) Geographical Data (c) Ordinal Data (d) Cardinal Data
110. A student marks in five subject S1, S2, S3, S4 and S5 are 86, 79, 90, 88 and 89. If we need to draw a Pie
chart to represent these marks, then what will be the Central angle for S3?
(a) 103.2° (b) 75° (c) 105.6° (d) 94.8°
111. Ogive curves cannot be used to determine
(a) Mean (b) Median (c) Mode (d) Range
112. The following data relate to the marks of a group of students:

Marks Below 10 Below 20 Below 30 Below 40 Below 50


No. of students 15 38 65 84 100

How many students got marks more than 30?


(a) 65 (b) 50 (c) 35 (d) 43
113. The following data relate to the marks of 48 students in Statistics:
56 10 54 38 21 43 12 22
48 51 39 26 12 17 36 19
48 36 15 33 30 62 57 17
5 17 45 46 43 55 57 38
43 28 32 35 54 27 17 16
11 42 45 2 16 46 28 45

What are the frequency densities for the class intervals 30-39,40-49, 50-59?
(a) 0.20, 0.50, 0.90 (b) 0.70,0.90,1.10 (c) 0.1875, 0.1667, 0.2083 (d) 0.90,1.00,0.80
114. Multiple axis line chart is considered when
(a) There is more than one time series
(b) The units of the variables are different
(c) In any case
(d) If there are more than one time series and unit of variables are different
115. Less than ‘o’ give curve give –
(a) Mean (b) Median (c) Mode (d) MD
116. If a data collected from a census Report. What type of data it is:
(a) Time series data (b) Primary data (c) Secondary data (d) Geographical data
117. Sweetness is an
(a) Attribute (b) Quantity (c) Quality (d) None of these

118. Which of the following is not a way of Presenting data?

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(a) Tabular form (b) Textual form (c) Graphical form (d) Regression analysis
119. Histogram can be drawn from
(a) Class interval are equal (b) Class interval are unequal
(c) Frequency of class interval are equal (d) None
120. Which of following does not form characteristics in dividing the data?
(a) No. of auditors auditing Accounts
(b) No. of files audited by auditor
(c) No of files audited less than 6, less than 5, less than 10
(d) Files less than, moderate than, higher than
121. If the cumulative frequency are plotted on axis then which type of curve is formed
(a) Ogive (b) Frequency curve (c) Histogram (d) Frequency Polygon
122. Which one is research data?
(a) Discrete and Continuous (b) Qualitative and Quantitative
(c) Processed and Unprocessed (d) Organise and unorganised data
123. The profitability of a blue chip company is shown by –
(a) bell shape curve (b) U shake curve (c) J shape curve (d) Mixed curve

KEY

1 B 11 B 21 C 31 B 41 B
2 C 12 C 22 B 32 B 42 C
3 D 13 C 23 B 33 C 43 A
4 C 14 A 24 C 34 A 44 B
5 B 15 B 25 B 35 C 45 A
6 B 16 A 26 C 36 C 46 C
7 D 17 C 27 D 37 A 47 A
8 A 18 B 28 D 38 48 B
9 D 19 C 29 C 39 B 49 B
10 B 20 B 30 A 40 A 50 B

51 D 61 C 71 C 81 A 91 D 101 A 111 B 121 A


52 B 62 D 72 A 82 C 92 B 102 D 112 C 122 C
53 C 63 A 73 A 83 B 93 B 103 D 113 D 123 A
54 A 64 B 74 B 84 B 94 A 104 B 114 D
55 D 65 C 75 A 85 A 95 B 105 D 115 B
56 A 66 D 76 C 86 A 96 C 106 D 116 C
57 B 67 B 77 A 87 B 97 B 107 D 117 D
58 B 68 A 78 B 88 D 98 A 108 C 118 D
59 D 69 D 79 B 89 C 99 C 109 B 119 A
60 A 70 B 80 C 90 C 100 A 110 B 120 D

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CH 14: MEASURES OF CENTRAL TENDENCY AND DISPERSION


PAST YEAR QUESTIONS

1. Extreme values have _________effect on mode.


(a) High (b) low (c) No (d) None of these
2. The mean salary for a group of 40 female workers is ` 5,200 per month and that for a group of
60 male workers is ` 6,800 per month. What is the combined salary ?
(a) ` 6,160 (b) ` 6,280 (c) ` 6,890 (d) ` 6,920
3. The best measure of dispersion is:
(a) Q. D. (b) M. D. (c) Range (d) S. D.

4. If the mean and S.D. of x are a and b respectively, then the S.D of is:
(a) a / b (b) – 1 (c) 1 (d) ab
5. Suppose a population A has 100 observations 101,102,103,…….200 and another population B
has 100 observations 151, 152, 153, …….250. If VA and VB represents the variance of the
two populations respectively, then V A / VB = :
(a) 9/4 (b) 1 (c) 4 / 9 (d) 2 / 3
6. If there are two groups with 75 and 65 as harmonic means and containing 15 and 13
observations, then the combined H.M. is given by:
(a) 70 (b) 80 (c) 70.35 (d) 69.48
7. The G.M. of 4, 6 and 8 is :
(a) 4.77 (b) 5.32 (c) 6.14 (d) 5.77
8. The Mean and S.D. for group of 100 observations are 65 and 7.03 respectively If 60 of these
observations have mean and S.D. as 70 and 3 respectively, what is the S.D. for the group
comprising 40 observations?
(a) 2.03 (b) 4.03 (c) 8.03 (d) 9.33
9. The quartile deviation for the data is:
x: 2 3 4 5 6
f: 3 4 8 4 1
(a) 1/4 (b) ½ (c) 1 (d) 0
10. If X and Y are two random variables then v (x + y) is :
(a) v(x) + v (y) (b) v(x) + v(y) – 2v(x,y)
(c) v (x) + v (y) + 2 v (x, y) (d) v (x) – v (y)
11. G.M is a better measure than others when
(a) ratios and percentages are given (b) interval of scale is given
(c) Both (a) and (b) (d) Either (a) or (b)

12. Mean and S. D. of x is 50 and 5 respectively. Find mean and SD of


(a) (1,0) (b) (0, 1) (c) (1,:) (d) (0, –1)
13. Mean and S. D. of a given set of observations is 1,500 and 400 respectively. If there is an
increment of 100 in the first year and each observation is hiked by 20% in 2 nd years, then find
new mean and S.D.
(a) 1920, 480 (b) 1920, 580 (c) 1600, 480 (d) 1600, 400

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14. If 5 is subtracted from each observation of some certain item then its co-efficient of variation is
10% and if 5 is added to each item then its coefficient of variation is 6%. Find original
coefficient of variation.
(a) 8% (b) 7.5% (c) 4% (d) None of these

15. The median of is 10. Find x where x > 0


(a) 24 (b) 32 (c) 8 (d) 16
16. The average salary of 50 men was ` 80 but it was found that salary of 2 of them were ` 46 and
` 28 which was wrongly taken as ` 64 and ` 82. The revised average salary is :
(a) ` 80 (b) ` 78.56 (c) ` 85.26 (d) ` 82.92
17. Inter Quartile Range is ______ of Quartile Deviation.
(a) Half (b) Double (c) Triple (d) Equal
18. The sum of squares of deviation from mean of 10 observations is 250. Mean of the data is 10.
Find the co-efficient of variation.
(a) 10% (b) 25% (c) 50 % (d) 0 %
19. If A be the A.M. of two positive unequal quantities X and Y and their G.M., then ;
(a) A < G (b) A > G (c) A  G (b) A  G
20. When mean is 3.57 and mode is 2.13 then the value of median is ____
(a) 3.09 (b) 5.01 (c) 4.01 (b) None of these
21. If L1 = highest observation and L2 = smallest observation, then Coefficient of Range +

(a) (b) (c) (d)


22. The equation of a line is 5x + 2y= 17. Mean deviation of y about mean is 5. Calculate mean
deviation of x about mean.
(a) –2 (b) 2 (c) – 4 (d) None
23. If variance of x is 5, then find the variance of (2 – 3x)
(a) 10 (b) 45 (c) 5 (d) – 13
24. The harmonic mean of 1, ½, 1/3 ……1/n is
(a)1/(n + 1) (b) 2(n + 1 )/2 (c) (n + 1)/2 (d) 1/(n-1)
25. The mean weight of 15 students is 110 kg. The mean weight of 5 of them is 100 kg. and of
another five students is 125 kg then the mean weight of the remaining students is :
(a) 120 (b) 105 (c) 115 (d) None of these
26. In a class of 11 students, 3 students were failed in a test. 8 students who passed secured 10, 11,
20, 15, 12, 14, 26 and 24 marks respectively. What will be the median marks of the students
(a) 12 (b) 15 (c) 13 (d) 13.5
27. The variance of data: 3, 4, 5, 8 is
(a) 4.5 (b) 3.5 (c) 5.5 (d) 6.5
28. A lady travel at a speed of 20km/h and returned at quicker speed. If her average speed of the
whole journey is 24km/h, find the speed of return journey (in km/h)
(a) 25 (b) 30 (c) 35 (d) 38
29. Let the mean of the variable ‘x’ be 50, then the mean of u=10+5x will be:
(a) 250 (b) 260 (c) 265 (d) 273
30. Given the observations : 4,9,11,14,37. The Mean deviation about the Median is
(a) 11 (b) 8.5 (c) 7.6 (d) 7.45
31. If the difference between mean and Mode is 63, then the difference between Mean and Median
will be _______
(a) 63 (b) 31.5 (c) 21 (d) None of the above

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32. If the Arithmetic mean between two numbers is 64 and the Geometric mean between them is 16. The
Harmonic Mean between them is ______
(a) 64 (b) 4 (c) 16 (d) 40
33. If all observations in a distribution are increased by 6, then the variance of the series will be__
(a) Increased (b) Decreased (c) Unchanged (d) None of these.
34. The average of 5 quantities is 6 and the average of 3 is 8. What is the average of the remaining
two.
(a) 4 (b) 5 (c) 3 (d) 3.5
35. The standard deviation of the weights (in kg) of the students of a class of 50 students was
calculated to be 4.5 kg. Later on it was found that due to some fault in weighing machine, the
weight of each student was under measured by 0.5 kg. The Correct standard deviation of the
weight will be:
(a) Less than 4.5 (b) Greater than 4.5 (c) Equal to 4.5 (d) Cannot be determined
36. For Normal distribution the relation between quartile deviation (Q.D) and standard deviation
(S.D) is
(a) Q.D > S.D (b) Q.D < S.D (c) Q.D = S.D (d) None of the above
37. The median of following numbers, which are given is 25. Find the value of x.
(a) 22 (b) 20 (c) 15 (d) 30
38. The average age of a group of 10 students was 20 years. The average age increased by two
years when two new students joined the group. What is the average age of two new students
who joined the group?
(a) 22 years (b) 30 years (b) 44 years (d) 32 years
39. The mean of first ‘n’ natural numbers is 2 then value of ‘n’ is
(a) 10 (b) 7 (c) 6 (d) 5
40. Geometric Mean of three observations 40, 50 and X is 10. The value of X is:
(a) 2 (b) 4 (c) 1/2 (d) None of the above
41. The mean of first three terms is 14 and mean of next two terms is 18. The mean of all five
terms
(a) 14.5 (b) 15 (c) 14 (d) 15.6
42. The standard deviation is independent of change of
(a) Scale (b) Origin (c) Both origin and scale (d) None of these
43. In a normal distribution, the relationship between the three most commonly used measures of
dispersion are:
(a) Standard Deviation > Mean Deviation > Quartile Deviation
(b) Mean Deviation > Standard Deviation > Quartile Deviation
(c) Standard Deviation > Quartile Deviation > Mean Deviation
(d) Quartile Deviation > Mean Deviation > Standard Deviation

44. If Standard deviation of x is a, then Standard deviation of , where a, b and c (c ± 0) are


arbitrary constants, will be

σ
(a) (b) (c) (d)

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45. The mean salary of a group of 50 persons is ` 5,850. Later on it is discovered that the salary of
one employee has been wrongly taken as ` 8,000 instead of ` 7,800. The corrected mean salary
is
(a) ` 5,854 (b) ` 5,846 (c) ` 5,650 (d) None of the above
46. Which of the following measures of dispersion is used for calculating the consistency between
two series?
(a) Quartile deviation (b) Standard deviation
(c) Coefficient of variation (d) None of the above
47. If the mode of a data is 18 and mean is 24, then median is
(a) 18 (b) 24 (c) 22 (d) 21
48. The point of intersection of the “less than” and "more than" ogives correspond to
(a) Mean (b) Mode (c) Median (d) 10" Percentile
49. A man travels from Agra to Gwalior at an average speed of 30 km per hour and back at an
average speed of 60 km per hour. What is his average speed?
(a) 38 km per hour (b) 40 km per hour
(c) 45 km per hour (d) 35 km per hour
50. If sum of squares of the values = 3390, N = 30 and standard deviation = 7, find out the mean.
(a) 113 (b) 210 (c) 8 (d) None of these
51. If the mean of a frequency distribution is 100 and coefficient of variation is 45% then standard
deviation is:
(a) 45 (b) 0.45 (c) 4.5 (d) 450
52. Which of the following measures of central tendency cannot be calculated by graphical
method?
(a) Mean (b) Mode (c) Median (d) Quartile
53. Geometric mean of 8, 4, 2 is
(a) 4 (b) 2 (c) 8 (d) None of these
54. The average age of 15 students of a class is 15 years. Out of them, Kin average age of 5 students
is 14 years and that of the other 9 students is 16 years. The age of the 15th student is:
(a) 11 years (b) 14 years (c) 15 years (d) None of these
55. Find at the variance given that the Arithmetic Mean = (8 + 4)/2
(a) 2 (b) 6 (c) 1 (d) 4
56. In normal distribution mean, median and mode are
(a) Equal (b) Not Equal (c) Zero (d) None of above
57. Coefficient of mean deviation about mean for the first 9 natural numbers is
(a) 200/9 (b) 80 (c) 400/9 (d) 50
58. The pair of averages whose value can be determined graphically?
(a) Mode, Median (b) Mean, Mode (c) Mean, Median (d) None of the above
59. If mean = 5, Standard deviation = 2.6, median = 5 and quartile deviation = 1.5, then the
coefficient of quartile deviation equals
(a) 35 (b) 39 (c) 30 (d) 32
60. What will be the probable value of mean deviation? When Q3 = 40 and Q1 = 15
(a) 17.50 (b) 18.75 (c) 15.00 (d) None of these

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61. Which of the following statements is true?


(a) Median is based on all the observations (b) The mode is the mid value
(c) The median is the second quartile (d) The mode is the fifth decile
62. The mean of the following data is 6. Find the value of ‘P
x: 2 4 6 10 P +5
f:323 1 2
(a) 4 (b) 6 (c) 8 (d) 7
63. The formula for range of middle 50% items of a series is :

(a) Q3 – Q1 (b) Q3 – Q2 (c) Q2 – Q1 (d)


64. The third decile for the numbers 15, 10, 20, 25, 18, 11,9, 12, is:
(a) 13 (b) 10.70 (c) 11 (d) 11.50
65. A random variable X has uniform distribution on the interval (-3,7). The mean of the
distribution is:
(a) 2 (b) 4 (c) 5 (d) 6
66. If the first quartile is 142 and semi-inter quartile range is 18, then the value of median is:
(a) 151 (b) 160 (c) 178 (d) None of these
67. The quartile deviation is:
(a) 2/3 of S.D. (b) 4/5 of S.D (c) 5/6 of S.D. (d) None of these
68. If the arithmetic mean of two numbers is 10 and the geometric mean of these numbers is 8,
then the harmonic mean is:
(a) 9 (b) 8.9 (c) 6.4 (d) None of these
69. The standard deviation of a variable x is known to be 10. The standard deviation of 50 + 5x is
(a) 50 (b) 100 (c) 10 (d) 500
70. The harmonic mean H of two numbers is 4 and their arithmetic mean A and the geometric
mean G satisfy the equation 2A + G2 = 27, then the numbers are
(a) (1.3) (b) (9,5) (c) (6, 3) (d) (12, 7)
71. Coefficient of quartile deviation is equal to
(a) Quartile deviation x 100/median (b) Quartile deviation x 100 / mean
(c) Quartile deviation x 100 / mode (d) None
72. If all the observations are increased by 5, then
(a) S.D. would be increased by 5 (b) Mean deviation would be increased by 5
(c) Quartile deviation would be increased by 5 (d) All the three would not be increased by 5
73. What is value of mean deviation about mean from the number 5, 8, 6, 3 and 4 ?
(a) 5.20 (b) 7.20 (c) 1.44 (d) 2.23
74. For the observation of 6, 4, 1, 6, 5, 10, 4, 8 the range is:
(a) 10 (b) 9 (c) 8 (d) None
75. If a variance of a random variable ‘x’ is 23, then what is variance of 2x + 10?
(a) 56 (b) 33 (c) 46 (d) 92
76. If variance = 148.6 and x = 40, then the coefficient of variation is:
(a) 37.15 (b) 30.48 (c) 33.75 (d) None of the above
77. Quartiles can be determined graphically using:
(a) Histogram (b) Frequency polygon (c) Ogive curve (d) Pie chart

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78. In a class of 50 students, 10 have failed and their average marks in 2.5. The total marks secured
by the entire class were 281. The average marks who have passed is:
(a) 5.32 (b) 7.25 (c) 6.40 (d) None of the above
79. The SD of first n natural number is ________

(a) (b) (c) (d) None of these


80. If mean and coefficient of variation of the marks of 10 students is 20 and 80 respectively. What
will be variance of them?
(a) 256 (b)16 (c) 25 (d) None of these
81. If same amount is added to or subtracted from all the values of an individual series then the
standard deviation and variance both shall be_____
(a) changed (b) unchanged (c) same (d) none of these
82. If the mean of two numbers is 30 and geometric mean is 24 then what will be these two
numbers?
(a) 36 and 24 (b) 30 and 30 (c) 48 and 12 (d) None of these
83. For moderately skewed distribution of marks in commerce for a group of 200 students the
mean marks and mode marks were found to be 55.60 and 46. What is the median marks?
(a) 55.5 (b) 60.5 (c) 52.4 (d) None of these
84. Mean for the data 6, 4, 1, 6, 5, 10, 3 is 5 when each observation added by 2, what is mean of the
data
(a) 5 (b) 6 (c) 7 (d) 10
85. The average of 10 observations is 14.4. If the average of first 4 observations is 16.5. The
average of remaining 6 observations is:
(a) 13.6 (b) 13.0 (c) 13.2 (d) 12.5
86. The ordering of a particular design of a cloth show room, a ________size be more appropriate.
(a) median (b) mean (c) mode (d) all of these
87. The second and third moments of a sample of seven observation (-6, -4, -2, 0, 2, 4, 6) are
(a) (12,0) (b) (0.12) (c) (0,16) (d) (16,0)
88. The geometric mean of three numbers 40, 50 and x is 10, the value of x is
1
(a) 5 (b) 4 (c) 2 (d)
2
89. The rates of returns from three different shares are 100%, 200% and 400% respectively. The
average rate of return will be:
(a) 350% (b) 233.33% (c) 200% (d) 300%
90. If geometric mean is 6 and arithmetic mean is 6.5, then harmonic mean will be

(a) (b) (c) (d) None of these


91. A company’s past 10 years average earning is ` 40 crores. To have the same average earning
for 11 years including these 10 years, how much earning must be made by the company in the
eleventh year?

(a) ` 40 crores (b) ` crores (c) More than `40 crores (d) None of the above

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92. A person purchases 5 rupees worth of eggs from 10 different markets. You are to find the
average number of eggs per rupee purchased from all the markets taken together. The
suitable average in this case is:
(a) A.M (b) G.M (c) H.M (d) None of the above
93. Fora moderately skewed distribution, the relationship between mean, median and mode is :
(a) Mean - Mode = 2 (Mean - Median) (b) Mean - Median = 3 (Mean - Mode)
(c) Mean - Median = 2 (Mean - Mode) (d) Mean - Mode = 3 (Mean - Median).
94. If arithmetic mean and coefficient of variation of x are 10 and 40, respectively then the

variance of will be:


(a) 64 (b) 81 (c) 49 (d) 36
95. ________is the reciprocal of the AM of the reciprocal of observations.
(a) HM (b) GM (c) Both (a) and (b) (d) None of the above
96. Mean deviation is the leas' when deviations are taken from
(a) Mean (b) Median (c) Mode (d) Harmonic mean
97. If the mean value of seven numbers 7, 9,12, X, 4,11 and 5 is 9, then the missing number X will
be:
(a) 13 (b) 14 (c) 15 (d) 8
98. When all observations occur with equal frequency _______does not exist
(a) median (b) mode (c) mean (d) none of the above
99. If the variables x and z are so related that z = ax+b for each x = x 1, where a and b are constant,
then
(a) True (b) false (c) both (d) none
100. Relation between mean, median and mode is
(a) mean-mode = 2 (mean-median) (b) mean-median = 3(mean-mode)
(c) mean-median = 2 (mean-mode) (d) mean-mode = 3(mean-median)

101. is known as
(a) Coefficient of Range (b) Coefficient of Q.D (c) Coefficient of S.D (d) Coefficient of M.D.
102. If each item is reduced by 15 A. M is
(a) reduced by 15 (b) increased by 15 (c) reduced by 10 (d) none
103. For 899,999, 391,384,390,480,485,760,111,240 Rank of median is
(a) 2.75 (b) 5.5 (c) 8.25 (d) none
104. The average of a series of overlapping averages, each of which is based on a certain number of
item within a series is known as.
(a) Moving average (b) Weighted average (c) Simple average (d) None
105. If the S.D. of the 1st n natural Nos. is . Then the value of n is
(a) 19 (b) 20 (c) 21 (d) None
106. The median of the data 5,6,7,7,8,9,10,11,11,12,15,18,18and 19 is
(a) 10.5 (b) 10 (c) 11 (d) 11.5
107. The mean of 20 items of a data is 5 and if each item is multiplied by 3, then the new mean will
be
(a) 5 (b) 10 (c) 15 (d) 20
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108. The Geometric mean of 3, 6, 24 and 48 is


(a) 8 (b) 12 (c) 24 (d) 6
109. The Algebraic sum of the deviation of a set of values from their arithmetic mean is
(a) >0 (b) =0 (c) < 0 (d) None of the above
110. Which one of the following is not a central tendency?
(a) Mean Deviation (b) Arithmetic mean (c) Median (d) Mode
111. If the range of a set of values is 65 and maximum value in the set is 83, then the minimum value
in the set is
(a) 74 (b) 9 (c) 18 (d) None of the above
112. If total frequencies of three series are 50, 60 and 90 and their means are 12, 15 and 20
respectively, then the mean of their composite series is
(a) 16 (b) 15.5 (c) 16.5 (d) 14.5
113. If the variance of 5, 7, 9 and 11 is 4, then the coefficient of variation is:
(a) 15 (b) 25 (c) 17 (d) 19
114. Standard Deviation for the marks obtained by a student in monthly test in mathematic (out of
50) as 30, 35, 25, 20,15 is
(a) 25 (b) √ 50 (c) √ 30 (d) 50
115. If in a moderately skewed distribution the values of mode and mean are 32.1 and 35.4
respectively, then the value of the median is
(a) 34.3 (b) 33.3 (c) 34 (d) 33
116. If the standard deviation for the marks obtained by a student in monthly test is 36, then the
variance is
(a) 6 (b) 36 (c) 1296 (d) None of the above
117. If the mean of the following distribution is 6 then the value of P is

X: 2 4 6 10 P+5
f: 3 2 3 1 2
(a) 7 (b) 5 (c) 8 (d) 11
118. If σ 2 = 100 and coefficient of variation = 20% then x =
(a) 60 (b) 70 (c) 80 (d) 50
119. The AM of 15 Observation is 9 and the AM of first 9 Observation is 11 and then AM of remaining
Observations is
(a) 11 (b) 6 (c) 5 (d) 9
120. In a moderately Skewed distribution the values of mean & median are 12 & 8 respectively. The
value of mode is
(a) 0 (b) 12 (c) 15 (d) 30
121. Standard deviation is ______________ times of
(a) 2/3 4/5
122. The Q.D of 6 numbers 15, 8, 36,40,38,41 is equal to
(c)
√ 15
8
(d)
√ 8
15

(a) 12.5 (b) 25 (c) 13.5 (d) 37


123. Which of the following is positional average?
(a) Median (b) GM (c) HM (d) AM
124. S.D of first five consecutive natural numbers is
(a) √ 10 (b) √ 8 (c) √ 3 (d) √ 2

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125. If the profits of a company remain some for the last ten months then the S.D. of profits of the
company would be:
(a) Positive (b) Negative (c) Zero (d) (a) or (c)
126. For a symmetric distribution
(a) Mean = Median = Mode (b) Mode = 3 Median - 2 Mean
1 1
(c) Mode = Median = Mean (d) None
3 2
127. For the distribution
X 1 2 3 4 5 6
F 9 14 8
6 10 12

The value of median is


(a) 3.5 (b) 3 (c) 4 (d) 5
128. Coefficient of quartile deviation is 1/4 then Q3/Q1 is
(a) 5/3 (b) 4/3 (c) 3/4 (d) 3/5
129. The sum of mean and SD of a series is a + b, if we add 2 to each observation of the series then the
sum of mean and SD is
(a) a + b + 2 (b) 6 – a + b (c) 4 + a – b (d) a + b + 4
130. The approximate ratio of SD, MD, QD is:
(a) 3:4:5 (b) 2 :.3 : 4 (c) 15:12:10 (d) 5:6:7
131. The deviations are minimum when taken from:
(a) Mean (b) Median (c) Mode (d) None
132. If the AM & GM of two numbers are 30 and 24 respectively. Find the no.’s
(a) 12 and 24 (b) 48 and 12 (c) 30 and 30 (d) 40 and 20
133. Origin is shifted by 5, what will happen
(a) SD will increase by 5 (b) QD will increase by 5
(c) MD will increase by 5 (d) There will be no change in SD
134. Coefficient of variation is equal to: SD
SD SD Mean Mean
(a) (b) × 100 (c) × 100 (d)
Mean Mean SD SD
135. Find the mode of the following data:

Class Interval 3-6 6-9 9-12 12-15 15-18 18-21


Frequency 2 5 10 23 21 12

(a) 25 (b) 4.6 (c) 14.6 (d) 13.5


136. Find SD of the following 1,2, 3, 4, 5, 6, 7, 8, 9.
(a) 2.58 (b) 60/9 (c) 60/3 (d) 3.20
137. If mean = 200 and variance = 80. Find coefficient of variation
(a) 2.56 (b) 4.47 (c) 32 (d) 0.32
138. Which of the following is affected by shifting of scale
(a) SD (b) MD (c) QD (d) None of these
139. Histogram is used to represent
(a) Mode (b) Median (c) Percentile (d) Quartile
140. Coefficient of variation is 80. Mean is 20. Find variance:
(a) 640 (b) 256 (c) 16 (d) 250

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141. Find the median of the following.


CI 0- 10 10-20 20-30 30-40 40-50
f 2 3 4 5 6
(a) 35 (b) 32 (c) 36 (d) 37.5
142. Difference between upper limit and lower limit of a class is known as
(a) Range (b) Class mark (c) Class size (d) Class boundary
143. Find the mode of the following:
0 – 10 10 – 20 20 – 30 30 – 40 40 – 50 50 – 60
7 14 22 34 20 19
(a) 32 (b) 34.61 (c) 25.42 (d) 35
144. Find the median of the following:
CI 0- 10 10-20 20-30 30-40 40-50
f 5 15 28 10 2
(a) 10.57 (b) 23.57 (c) 25 (d) None

145. is equal to

(a) (b) (c) (d) Zero


146. SD from numbers 1, 4, 5, 7, 8 is 2.45. If 10 is added to each then SD will be:
(a) 12.45 (b) 24.5 (c) 12 (d) will not change.
147. Given the weights for the numbers 1,2,3......n are respectively 1 , 2 , 3 .....n2 then weighted HM is
2 2 2

(a) (b) (c) (d)


148. Which measure is suitable for open-end classification?
(a) Median (b) Mean (c) Mode (d) GM
149. 50 Percentile is equal to
th

(a) Median (b) Mode (c) Mean (d) None


150. The harmonic mean A and B is 1/3 and harmonic mean of C and D is 1/5. The harmonic mean of
ABCD is
(a) 8/15 (b) ¼ (c) 1/15 (d) 5/3
151. Which one of these is least affected by extreme values?
(a) Mean (b) Median (c) Mode (d) None
152. A fire engine rushes to a place of fire accident with a speed of 110 kmph and after the
completion of operation returned to the base at a speed of 35 kmph. The average speed per
hour in per-direction is obtained as ___________ speeds.
(a) Average of (b) H M of (c) G M of (d) Half of HM of
153. Ten matches data is given. Then which of the following cannot be found?
(a) least score (b) Highest score (c) Best score (d) Median score
154. If the AM and HM of two numbers are 6 and 9 respectively, then GM is
(a) 7.35 (b) 8:5 (c) 6.75 (d) None
155. Which of the following measure of dispersion is based on absolute deviations?
(a) Range (b) S. D (c) Mean Deviation (d) Quartile Deviation
156. From the record on sizes of shoes sold in a shop, one can compute the following to determine
the most preferred shoe size.
(a) Mean (b) Median (c) Mode (d) Range
157. Which of the following measure does not possess mathematical properties?
(a) Arithmetic mean (b) Geometric mean (c) Harmonic mean (d) Median

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158. If y = 3 + (4.5) x and the mode for x- value is 20, then the mode for y- value is
(a) 3.225 (b) 12 (c) 24.5 (d) 93

159. If there are two groups with n, and n 2 observations and H1 and H2 are respective harmonic
means, then the harmonic mean of combined observation is

(a) (b) (c) (d)


160. The best statistical measure used for comparing two series is
(a) Mean absolute deviation (b) Range
(c) Coefficient of variation (d) Standard deviation
161. The relationship between P-series and Q series is given by 2P – 3Q –10. If the range of P-
Series is 18. What would be the range of Q?
(a) 10 (b) 15 (c) 9 (d) 12
162. It is given that the mean (X) is 10 and standard deviation (s.d.) is 3.2. If the observations are
increased by 4, then the new mean and standard deviations are:
(a) X = 10, s.d. =7.2 (b) S = 10, s.d. = 3.2 (c) X = 14, s.d. = 3.2 (d) X =14, s.d. = 7.2
163. Which of the following is a relative measure of dispersion?
(a) Range (b) Mean deviation
(c) Standard deviation (d) Coefficient of quartile deviation
164. Find the coefficient of mean deviation about mean for the data: 5, 7, 8,10, 11, 13, 19
(a) 17.28 (b) 28.57 (c) 32.11 (d) 18.56
165. There are n numbers. When 50 is subtracted from each of these number the sum of the numbers so
obtained is - 10. When 46 is subtracted from each of the original n numbers, then the sum of numbers.
So obtained is 70. What is the mean of the original n numbers?
(a) 56.8 (b) 25.7 (c) 49.5 (d) 53
166. If a school has 14 teachers, their heights (in cm) are:
172, 173, 164, 178, 168, 169, 173, 172, 173, 164, 178, 168, 169, 173 then average deviation of this data
is:
(a) 2.43 approx. (b) 3.93 approx. (c) 3.43 approx. (d) 2.92 approx.
167. The mean of ‘n’ observation is ‘x’. if k is added to each observation, then the new mean is
(a) k (b) xk (c) x-k (d) x + k
168. If y = 3 + 1.9x, and mode of x is 15, then the mode of y is:
(a) 15.9 (b) 27.8 (c) 35.7 (d) 31.5
169. The standard deviation of 1 to 9 natural number is:
(a) 6.65 (b) 2.58 (c) 6.75 (d) 5.62
170. The probable value of mean deviation when Q3 = 40 and Q, = 15 is
(a) 15 (b) 18.75 (c) 17.50 (d) 0
171. If the numbers are 5, 1,8, 7, 2 then the coefficient of variation is:
(a) 56.13% (b) 59.13% (c) 48.13% (d) 44.13%
172. If every observation is increased by 7 then:
(a) Standard deviation increased by 7 (b) Mean deviation increased by 7
(c) Not affected at all (d) Quartile deviation increased by 7
173. If the relationship between x and y is given by 2x + 3y = 10 and the range of y is 10, then what is the
range of x?
(a) 10 (b) 18 (c) 8 (d) 15
174. If CLOCK is coded as 34235 and TIME as 8679, the MOTEL is coded as _____
(a) 27894 (b) 72964 (c) 72894 (d) 77684

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175. Expenditure of a company (in million rupees) per item in various years

Year Item of expenditures


Fuel and Interest on
Salary Bonus
Transport Loans Taxes
1998 288 98 3.00 23.4 83
1999 342 112 2.52 32.5 108
2000 324 108 3.84 41.6 74
2001 336 133 3.68 36.4 88
2002 420 142 3.96 49.4 98
What is the average amount of interest per year which the company had to pay during this period?
(a) 33.66 (b) 36.66 (c) 31.66 (d) 39.66
176. The mean deviation of the numbers 3, 10, 6, 11, 14, 17, 9, 8, 12 about the mean is (correct to one
decimal place):
(a) 8.7 (b) 4.2 (c) 3.1 (d) 9.8
177. If there are 3 observations 15,20,25 then the sum of deviation of the observations from their AM is
(a) 0 (b) 5 (c) -5 (d) 10
178. If the AM and GM for 10 observations are both 15, then the value of HM is
(a) less than 15 (b) more than 15 (c) 15 (d) cannot be determined
(1 mark)
179. If average mark for a group of 30 girls is 80, a group of boys is 70 and combined average is 76, then how
many are in the boy's group?
(a) 21 (b) 20 (c) 22 (d) 19
180. If two variables a and b are related by c = ab then G.M. of c m to
(a) G.M. of a + G.M. of b (b) G.M. of a x G.M. of b
(c) G.M. of a - G.M. of b (d) G.M. of a/G.M. of b
181. For a moderately skewed distribution the median is twice the then the mode is ______times the
median.
(a) 3 (b) 2 (c) 2/3 (d) 3/2
182. The median value of the set of observations 48, 36, 72, 87, 19, 66, 56, 91 is
(a) 53 (b) 87 (c) 61 (d) 19
183. The marks secured by 5 students in a subject are 82, 73,69,84, 66. What is the coefficient of Range
(a) 0.12 (b) 12 (c) 120 (d) 0.012
184. For a data having odd number of values, the difference between the first and the middle value is equal
to the difference between the last and the middle value; similarly the difference between the second
and middle values is equal to that of second last and middle value so on. Therefore, the middle value is
equal to
(a) Half of the range (b) Half of standard deviation (c) Mode (d) Mean
185. One hundred participants expressed their opinion on recommending a new product to their friends
using the attributes : most unlikely, not sure, likely, most likely. The appropriate measure of central
tendency that can be used here is
(a) Mean (b) Mode (c) Geometric mean (d) Harmonic mean
186. Along a road there are 5 buildings of apartments, marked as 1,2, 3, 4, 5. Number of people residing in
each building is available. A bus stop is to be setup near one of the buildings so that the total distance
walked by the residents to the bus stop from their buildings must be kept minimum. One must consider
involving ________to find the position of the bus stop.
(a) Mean (b) Median (c) Mode (d) Weighted mean
187. Given that Mean = 70.20 and Mode = 70.50, the Median is expected to be.
(a) 70.15 (b) 70.20 (c) 70.30 (d) 70.35
188. Which is not a measure of central tendency

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CA /CMA FOUNDATIN STATISTICS
(a) Mean (b) Median (c) Quartile deviation (d) Mode

189. Mean Deviation of data 3, 10, 10, 4, 7, 18, 5 from mode is


(a) 4.39 (b) 4.70 (c) 4.14 (d) 5.24
190. A M and Coefficient of variation of x is 10 and 40. What is the variance 30-2x
(a) 64 (b) 56 (c) 49 (d) 81
191. Which of the following is based on absolute deviation?
(a) Standard deviation (b) Mean deviation (c) Range (d) Quartile deviation
192. When each value does not have equal importance then
(a) AM (b) G M (c) HM (d) Weighted Average
193. Following are the wages of 8 workers 82, 96 ,52 ,75, 70, 65, 50, 70. Find range and coefficient of range
(a) 46, 32.70 (b) 43, 31.50 (c) 46, 31.50 (d) 43, 32.70
194. The mean of 20 observation is 38. If two observation are taken as 84 and 36 instead of 48 and 63 find
new means.
(a) 38.45 (b) 41.15 (c) 37.55 (d) 40.05
195. The 3rd decile for the numbers 15, 10, 20, 25, 18, 11, 9, 12 is
(a) 13 (b) 10.70 (c) 11.00 (d) 11.50
196. Find the standard deviation and coefficient of variation for.
1,9, 8, 5, 7
(a) 2.828,49.32 (b) 2.828,48.13 (c) 2.828,47.13 (d) 2.828,50.13

KEY

1 C 16 B 31 C 46 C 61 C 76 B
2 A 17 B 32 B 47 C 62 D 77 C
3 D 18 C 33 C 48 C 63 D 78 C
4 C 19 B 34 C 49 B 65 B 79 A
5 B 20 A 35 C 50 C 65 A 80 A
6 A 21 B 36 B 51 A 66 B 81 B
7 D 22 B 37 A 52 A 67 A 82 C
8 B 23 B 38 D 53 A 68 C 83 C
9 C 24 B 39 B 54 A 69 A 84 C
10 A 25 B 40 C 55 D 70 C 85 B
11 A 26 A 41 D 56 A 71 A 86 C
12 B 27 B 42 B 57 C 72 D 87 D
13 A 28 B 43 A 58 A 73 C 88 D
14 B 29 B 44 D 59 C 74 B 89 C
15 A 30 C 45 B 60 C 75 D 90 A

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91 A 111 C 131 B 151 B 171 B 191 B


92 C 112 C 132 B 152 B 172 C 192 D
93 D 113 B 133 D 153 D 173 D 193 C
94 D 114 B 134 B 155 A 174 C 194 C
95 A 115 A 135 C 155 C 175 B 195 B
96 B 116 C 136 A 156 C 176 C 196 C
97 C 117 A 137 B 157 D 177 A
98 B 118 D 138 D 158 D 178 C
99 A 119 B 139 A 159 D 179 B
100 D 120 A 140 B 160 C 180 B
101 B 121 C 141 B 161 D 181 B
102 A 122 C 142 C 162 C 182 C
103 B 123 A 143 B 163 D 183 B
104 A 124 D 144 B 164 C 184 D
105 A 125 C 145 D 165 C 185 B
106 A 126 A 146 D 166 C 186 B
107 C 127 C 147 C 167 D 187 C
108 B 128 A 148 A 168 D 188 C
109 B 129 A 149 A 169 B 189 C
110 A 130 C 150 B 170 A 190 A

-o0o-

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CA /CMA FOUNDATIN STATISTICS

CH 15: PROBABILITY
PAST YEAR QUESTIONS
1. If 10 men, among whom are A and B, stand in a row, what is t he probability that there will be exactly 3
men between A and B?
(a) 11/15 (b) 4/15 (c) 1/15 (d) 2/15
2. The probability of an event can assume any value between :
(a) 0 and (b) 1 – 1 and 0 (c) – 1 and 1 (d) None of these
3. The odds are 9 : 5 against a person who is 50 years living till he is 70 and 8 : 6 against a person who is
60 living till he is 80. Find the probability that at least one of them will be alive after 20 years:

(a) (b) (c) (d)


4. An urn contains 6 white and 4 black balls. 3 balls are drawn without replacement. What is the expected
number of black balls that will be obtained ?
(a) 6/5 (b) 1/5 (c) 7/5 (d) 4/5
5. If P(A) - p and P (B) = q, then :
(a) P (A / B)  q / p (b) P (A / B)  p / q (c) P (A / B)  p / q (d) P (A / B)  q / p
6. The probability that a trainee will remain with a company is 0.8. The probability that an employee earns
more than ` 20,000 per month is 0.4. The probability that an employee, who was a trainee and
remained with the company or who earns more than ` 20,000 per month is 0.9. What is the probability
that an employee earns more than `20,000 per month given that he is a trainee, who stayed with the
company?
(a) 5/8 (b) 3/8 (c) 1/8 (d) 7/8
7. A random variable X has the following probability distribution:
x : –2 3 1
P (X = x) : 1/3 1/2 1/6
Find E ( x 2 ) and E ( 2 x+5 )
(a) 6 and 7 respectively (b) 5 and 7 respectively
(c) 7 and 5 respectively (d) 7 and 6 respectively
8. The limiting relative frequency of probability is :
(a) Axiomatic (b) Classical (c) Statistical (d) Mathematical

9. If a probability density function is f (x) = {1if0 therwise


o< X < 1
then find E (x)

(a) ∞ (b) 0 (c) 1 (d) – ∞


10. If :
X: –2 3 1
P(X): 1/3/ 1/2/ 1/6
(a) 7 (b) 6 (c) 9 (d) 4
11. If A and B are two independent events and P(AUB) = 2/5; P(B) = 1/3. Find P(A).
(a) 2/9 (b) -1/3 2/10 (d) 1/10
12. A bag contains 12 balls of which 3 are red 5 balls are drawn at random. Find the probability that in 5
balls 3 are red.
(a) 3/132 (b) 5/396 (c) 1/36 (d) 1/22
13. A random variable X ahs the following probability distribution.

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X 0 1 2 3
P(x) 0 2K 3K K
Then, P (x < 3) would be:
(a) 1/6 (b) 1/3 (c) 2/3 (d) 5/6

14. P(A) = 2/3; P (B) = 3/5; P(AUB) = 5/6. Find P (B/A)


(a) 11/20 (b) 13/20 (c) 13/18 (d) None
15. If P (AB) = P (A) x P (B), then the events are:
(a) Independent events (b) Mutually exclusive events
(c) Exhaustive events (d) Mutually inclusive events
16. E (XY) is also known as:
(a) E (X) + E (Y) (b) E (X) E (Y) (c) E (X) – E (Y) (d) E (X) ÷ E (Y)
17. In a bag, there were 5 white, 3 red, and 2 black balls. Three balls are drawn at a time what is the
probability that the three balls drawn are white?
(a) 1/12 (b) 1/24 (c) 1/120 (d) None of these
18. In how many ways can the letters of ‘REGULATION’ be arranged so that the vowels come at odd places?
(a) 1/252 (b) 1/144 (c) 144/252 (d) None of these
19. In a pack of playing cards with two jokers probability of getting king of spade is
(a) 4/13 (b) 4/52 (c) 1/52 (d) 1/54
20. Consider two events A and B not mutually exclusive, such that P(A) = 1/4, P(B) = 2/5, P(A ∪B) =1/2,
then P (AB) is
(a) 3/7 (b) 2/10 (c) 1/10 (d) None of the above
21. If x be the sum of two numbers obtained when two die are thrown simultaneously then P(x  7) is
(a) 5/12 (b) 7/12 (c) 11/15 (d) 3/8
22. E(13x + 9) = ____________
(a) 13 x (b) 13E(x) (c)13E(x) + 9 (d) 9
23. A dice is thrown once. What is the mathematical expectation of the number on the dice ?
(a) 16/6 (b) 13/2 (c )3.5 (d) 4.5
24. If P(A/B) = P(A), then A and B are
(a) Mutually exclusive events (b) Dependent events (c) Independent events (d) Composite event
25. A bag contains 3 white and 5 black balls and second bag contains 4 white and 2 black balls. If one ball is
taken from each bag, the probability that both the balls are white is ______
(a) 1/3 (b) 1/4 (c) 1/2 (d) None of these
26. The odds in favour of A solving a problem is 5:7and odds against B solving the same problem is 9:6.
What is the probability that if both of them try, the problem will be solved?
(a) 117/180 (b) 181/200 (c) 147/180 (d) 119/180
27. Consider Urn 1: 2 white balls, 3 black balls
Urn II: 4 white balls, 6 black balls
One ball is randomly transferred from first to second Urn, then one ball is drawn from II Urn. The
probability that drawn ball is white is
(a) 22/65 (b) 22/46 (c) 22/55 (d) 21/45
28. If P(A  B) = P(A), Find P(AB)
(a) P(A).P(B) (b) P(A) + P(B) (c) 0 (d) P(B)
29. A bag contains 5 Red balls, 4 Blue Balls and 'm' Green Balls. If the random probability of picking two
green balls is 1/7. What is the no. of green Balls (m).
(a) 5 (b) 7 (c) 6 (d) None of the above.
30. The probability of Girl getting scholarship is 0.6 and the same probability for Boy is 0.8. Find the
probability that at least one of the categories getting scholarship.
(a) 0.32 (b) 0.44 (c) 0.92 (d) None of the above
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31. A coin is tossed 5 times, what is the probability that exactly 3 heads will occur.
5 1 5 3
(a) (b) (c) (d)
16 32 36 32

32. Exactly 3 girls are to be selected from 5 Girls and 3 Boys. The probability of selecting 3 Girls
The probability of selecting 3 Girls will be _________
5 1 15
(a) (b) (c) (d) None
28 56 28
33. Two unbiased dice are thrown. The Expected value of the sum of numbers on the upper side is;
(a) 3.5 (b) 7 (c) 12 (d) 6
34. One Card is drawn from pack of 52, what is the probability that it is a king or a queen?
(a) 11/13 (b) 2/13 (c) 1/13 (d) None of these
35. In a packet of 500 pens, 50 are found to be defective. A pen is selected at random. Find the probability
that it is non defective.
(a) 8/9 (b) 7/8 (c) 9/10 (d) 2/3
36. Four married couples have gathered in a room. Two persons are selected at random amongst them, find
the probability that selected persons are a gentleman and a lady but not a couple.
(a) 1/7 (b) 3/7 (c) 1/8 (d) 3/8
37. A team of 5 is to be selected from 8 boys and three girls. Find the probability that it includes two
particular girls.
(a) 2/30 (b) 1/5 (c) 2/11 (d) 8/9
1 5 3
38. Let A and B two events in a sample space S such that P(A) = ;P(B) = , P(AB) = ; Find P(AB)
2 8 4
(a) 3/4 (b) 1/4 (c) 3/16 (d) None
39. A card is drawn out of a standard pack of 52 cards. What is the probability of drawing a king or red
colour ?
(a) 1/4 (b) 4/13 (c) 7/13 (d) 1/2
40. A player tosses two fair coins, he wins ` 5 if 2 heads appear, ` 2 if one head appears and ` 1 if no head
occurs. Find his expected amount of winning.
(a) 2.5 (b) 3.5 (c) 4.5 (d) 5.5
41. Arun & Tarun appear for an interview for two vacancies. The probability of Arun’s selection is 1/3 and
that of Tarun’s selection is 1/5 Find the probability that only one of them will be selected.
(a) 2/5 (b) 4/5 (c) 6/5 (d) 8/5
42. A company employed 7 CA’s, 6 MBA’s and 3 Engineer’s. In how many ways the company can form a
committee, if the committee has two members of each type.
(a) 900 (b) 1,000 (c) 787 (d) 945
43. Two dice are thrown together. Find the probability of getting a multiple of 2 on one 1 st dice and multiple
of 3 on the other dice.
(a) 2/3 (b) 1/6 (c) 1/3 (d) None of the above
44. The odds against A solving a certain problem are 4 to 3 and the odds in favour of B solving the same
problem are 7 to 5.
What is the probability that the problem will be solved if they both try ?
(a) 15/21 (b) 16/21 (c) 17/21 (d) 13/21
45. Find the expected value of the following probability distribution
x: -20 -10 30 75 80
p(x): 3/20 1/5 1/2 1/10 I/20
(a) 20.5 (b) 21.5 (c) 22.5 (d) 24.5
46. A bag contains 6 red balls and some blue bails. If the probability of drawing a blue ball form the bag is
twice that of a red ball, find the number of blue balls in the bag
(a) 10 (b)12 (c) 14 (d) 16

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CA|CMA International School for Financial Studies

47. The probability of selecting a sample of size ‘n’ out of a population of size N by simple random sampling
with replacement is:

(a) 1/N (b) 1/N" (c) (d)


48. A box contains 2 red, 3 green and 2 blue balls. Two balls are drawn at random. What is the probability
that none of the balls drawn is blue?
(a) 10/21 (b) 11/21 (c) 2n (d) 5/7
49. The odds that a book will be favourably received by 3 independent reviewers are 5 to 2, 4 to 3 and 3 to
4 respectively. What is the probability that out of 3 reviewers a majority will be favourable?

(a) (b) (c) (d)


50. A player tosses 3 fair coins. He wins ` 5 if three heads appear, ` 3 if two heads appear, ` 1 if one head
occurs. On the other hand, he losses ` 15 if 3 tails occur. Find expected gain of the player:
(a) 0.15 (b) 0.25 (c) 0.35 (d) 0.45
51. Find the probability of drawing an ace on each of two consecutive draws from a well shuffled pack of
cards, without replacement
52. If P(A) = 0.45, P(B) = 0.35 and P(A&B) = 0.25, then P(A/B)
(a) 1.4 (b) 1.8 (c) 0.714 (d) 0.556
53. The probability of a cricket team winning match at Kanpur is 2/5 and hosing losing match at Delhi is
1/7 what is the Probability of the team winning atleast one match?
(a) 3/35 (b) 32/35 (c) 18/35 (d) 17/35
54. Find the expected value of the following probability distribution
X: -20 -10 30 75 80
P(x): 3/20 1/5 1/2 1/10 1/20
(a) 20.5 (b) 21.5 (c) 22.5 (d) 24.5
55. Two coins are tossed simultaneously. Find the probability of getting exactly are head.
(a) 3/4 (b) 2/3 (c) 1/4 (d) 1/2
56. If a pair of dice is thrown then the probability that the sum of the digit is neither 7 nor 11 is____

(a) (b) (c) (d)


57. An urn contains 2 red and 1 green balls. Another urn contains 2 red and 2 green balls. An urn was
selected at random and then a ball was drawn from it. If it was found to be red then the probability that
it has been drawn from urn one is

(a) (b) (c) (d)

58. For any two events let and then A1, A2 are
(a) Mutually exclusive but not independent events
(b) Mutually exclusive and independent events
(c) Independent but not mutually exclusive
(d) None of these
59. An unbiased die is thrown twice. The probability of the sum of numbers obtained on the two faces being
divisible by 4 is:
(a) 7/36 (b) 1/3 (c) 11/36 (d) 1/4
60. Let the distribution function of a random variable X be F(X) = P(X  X). Then F(5) – F(2) is:
(a) P(2 < X < 5) (b) P(2  X < 5) (c) P(2  X  5) (d) P(2 < x 5)

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CA /CMA FOUNDATIN STATISTICS

61. A discrete random variable X takes three values –1, 2 and 3 with probabilities

, then E(|X|) is:


(a) 3/2 (b) 5/2 (c) 2 (d) 9/2
62. The sum of numbers obtained in throw of a dice twice is S. Probability of S will be maximum if S is
(a) 5 (b) 7 (c) 6 (d) 8
63. An unbiased coin is tossed three times. The expected value of the number of heads is
(a) 2.5 (b) 1.0 (c) 1.5 (d) 2.0
2 3 1
64. For two events A1 and A2, let P(A1) = and P(A2) = and P(A1  A2) = , then
3 8 4
(a) mutually exclusive but not independent (b) mutually exclusive and independent
(c) independent but not mutually exclusive (d) none of these
65. From 6 positive and 8 negative numbers, 4 numbers are chosen at random without replacement and
are then multiplied. The probability that the product of the chosen numbers will be positive number is

(a) (b) (c) (d)


66. If an unbiased die is rolled once, the odds in favour of getting a point which is multiple of 3 is:
(a) 1 : 2 (b) 2 : 1 (c) 1 : 3 (d) 3 : 1
67. A bag contains 15 one rupee coins, 25 two rupees coins and 10 five rupees coins, if a coin is selected at
random then probability for not selecting a one rupee coin is:
(a) 0.30 (b) 0.20 (c) 0.25 (d) 0.70
68. Three coins are tossed together, the probability of getting exactly tow head is:

(a) (b) (c) (d) None


69. If two letters are taken at random from the word “HOME”, what is the probability that none of the
letters would be vowels?

(a) (b) (c) ( d)


70. In a game, cards are thoroughly shuffled and distributed equally among four players. What is the
probability that a specific player gets all the four kings?

(a) (b) (c) (d)


71. A bag contains 4 Red and 5 Black balls. Another bag contains 5 Red and 3 Black balls. If one ball is
drawn at random from each bag. Then the probability that one Red and one Black drawn is –

(a) (b) (c) (d)

72. If and then is

(a) (b) (c) (d)


73. If two unbiased dice are rolled, what is the probability of getting point neither 3 nor 6?
(a) 0.25 (b) 0.50 (c) 0.75 (d) 0.80
74. Two dice are tossed. What is the probability that the total is divisible by 3 or 4

(a) (b) (c) (d) None of these


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75. If two events and then is:

(a) (b) (c) (d)


76. A bag contains 6 white and 5 red balls. One ball is drawn. The probability that it is red is:

(a) (b) (c) (d) None of these

77. For two events A, B let and then A and B are:


(a) Mutually exclusive but not independent (b) Independent but not mutually exclusive
(c) Mutually exclusive and independent (d) None of these

78. Let A and B are two events with and , then P(B/A) will be:
(a) 7/8 (b) 1/3 (c) 1/8 (d) 8/7
79. What is the probability of having at least one ‘SIX’ from 3 throws of an unbiased die?

(a) (b) (c) (d)


80. For any tow events a and B

(a) (b)

(c) (d)

81. If for tow mutually exclusive events A and B and then what is the value of
P(B)?

(b) (c) (d)


(a)
82. The probability distribution of the demand for a commodity is given below:

Demand (x) 5 6 7 8 9 10
Probability [P{x)] 0.05 0.10 0.30 0.40 0.10 0.05

The expected value of demand will be


(a) 7.55 (b) 7.85 (c) 1.25 (d) 8.35

83. Given and , the value of P(A/B) is


(a) 1/2 (b) 1/6 (c) 2/3 (d) 3/4
84. A brother and his sister appear in an interview for two vacancies for the same post. The probability of
1 1
brother’s selection is and the probability of sister’s selection is . The probability that (i) both are
7 5
selected (ii) only one of them is selected and (iii) none of them is selected will be:

(a) (b) (c) (d)


85. Two broad divisions of probability are:

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CA /CMA FOUNDATIN STATISTICS
(a) Subjective probability and objective probability
(b) Deductive probability and mathematical probability
(c) Statistical probability and mathematical probability
(d) None of these

86. The term “chance” and probability are synonyms:


(a) True (b) False (c) Both (d) None
87. The theorem of compound probability states that for any two events A and B
(a) P (A  B) = P(A) × P(B/A) (b) P (A  B) = P(A) × P(B/A)
(c) P (A  B) = P(A) × P(B) (d) P (A  B) = P(A) + P(B) – P(A  B
88. Variance of a random variable x is given by
(a) E(X– μ)2 (b) E[X-E(X)]2 (c) E(X2 – μ) (d)(a) or (b)
89. If two random variables x and y are related by y = 2 – 3x, then the SD of y is given by
(a) – 3 x SD of x (b)3 x SD of x (c) 9 x SD of x (d) 2 x SD of x
90. What is the probability of having at least one’ six’ in 3 throws of a project die?
(a) 5/6 (b) (5/6)3 (c) 1–(1/6)3 (d) 1–(5/6)3
91. Sum of all probabilities mutually exclusive and exhaustive events is equal to
(a) 0 (b) ½ (c) 1/4 (d) 1

92. If, , and , then is equal to

(a) (b) (c) (d)


93. The probability that a leap year has 53 Wednesday is

(a) (b) (c) (d)


94. A coin is tossed six times, then the probability of obtaining heads and tails alternatively is

(a) (b) (c) (d)


95. Ram is known to hit a target in 2 out of 3 shots where as Shyam is known to hit the same target in 5 out
of 11 shots. What is the probability that the target would be hit if they both try?

(a) (b) (c) (d)


96. Two different dice are thrown simultaneously, then the probability, that the sum of two numbers
appearing on the top of dice is 9 is:

(a) (b) (c) (d) None of these

97. If and , then is equal to


(a) 0.3 (b) 0.5 (c) 0.7 (d) 0.9
98. If Y  X then mathematical expectation is
(a) E (X) > E (Y)(b) E(X)  E (Y) (c) E(X) = E(Y) (d) E(X). E(Y) = 1
99. Two event A and B are such that they do not occurs simultaneously then they are called ____ events
(a) Mutually exhaustive (b) Mutually exclusive (c) Mutually independent (d) Equally likely
100. According to bayee’s theorem,

here

(a) .......... are mutually exclusive (b) ..... are equal to 1

(c) ...... are equal to 1 (d) A & E1 are disjoint sets

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CA|CMA International School for Financial Studies

101. If a coin is tossed 5 times then the probability of getting Tail and Head occurs alternatively is

(a) (b) (c) (d)


102. When 2 – die are thrown. Simultaneously then the probability of getting at least one 5 is

(a) (b) (c) (d)

103. Two letters are choosen from the word HOME. What is the probability that the letters choosen are not
vowels
(a) 1/2 (b) 1/6 (c) 2/3 (d) 0
104. If A, B, C are three mutually exclusive and exhaustive events such that:
P(A) = 2(B) = 3P(C) what is P(B)?
(a) 6/11 (b) 3/11 (c) 1/6 (d) 1/3
105. Wis the probability of getting 7 or 11 when two dices are thrown?
(a) 2/9 (b) 6/36 (c) 10/36 (d) 2/36
106. A log contains 15 one rupee Coins, 25 two rupees coins and 10 five rupee coins if a coin is selected at
random than probability for not selecting a one rupee coin is:
(a) 0.30 (b) 0.20 (c) 0.25 (d) 0.70
107. What is the probability of occurring 4 or more than 4 accidents.
No. of acc. 0 1 2 3 4 5 6 7
Frequency 36 27 33 29 24 27 18 9
(a) 24 (b) 69 (c) 78 (d) 80
108. When 2 fair dice are thrown what is the probability of getting the sum which is a multiple of 3?
(a) 4/36 (b) 13/36 (c) 2/36 (d) 12/36
109. When two coins are tossed simultaneously the probability of getting least one tail?
(a) 1 (b) 0.75 (c) 0.5 (d) 0.25
110. When 3 dice are rolled simultaneously the probability of a number on the third die is greater than the
sum of the numbers on two dice.
(a) 12/216 (b ) 36/216 (c) 48/216 (d) 20/216
111. If a speaks 75% of truth and B speaks 80% of truth. In what percentage both of them likely contradict
with each other in narrating the same questions?
(a) 0.60 (b) 0.45 (c) 0.65 (d) 0.35
112. An event that can be subdivided into further events is called as.
(a) A composite event (b) A complex event (c) A mixed event (d) A simple event
113. Three identical and balanced dice are rolled. The probability that the same number will appear on each
of them is.

(a) (b) (c) (d)


114. A basket contains 15 white balls, 25 red balls and 10 blue balls. If a ball is selected at random, the
probability of selecting not a white ball
(a) 0.20 (b) 0.25 (c) 0.60 (d) 0.70
115. Two dice are thrown simultaneously. The probability of a total score of 5 from the outcomes of dice is.

(a) (b) (c) (d)


116. If an unbiased coin is tossed twice, then the probability of obtaining at least one tail is.
(a) 1 (b) 0.5 (c) 0.75 (d) 0.25
117. If an unbiased coin is tossed three times, what is the probability of getting more than one head ?

(a) (b) (c) (d)


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118. If there are 48 marbles market with numbers 1 to 48, then the probability of selecting a marble having
the number divisible by 4 is:
(a) 1/2 (b) 2/3 (c) 1/3 (d) ¼
119. A bag contains 7 blue and 5 Green balls. One ball is drawn at random. The probability of getting a blue
ball is ______
(a) 5/12 (b) 12/35 (c) 7/12 (d) 0
120. The probability that a football team loosing a match at Kolkata is 3/5 and winning a match at Bengaluru
is 6/7; the probability of the team winning at least one match is ____ .
(a) 3/35 (b) 18/35 (c) 32/35 (d) 17/35

121. If in a class, 60% of the student study. Mathematics and science and 90% of the student study science,
then the probability of a student studying mathematics given that he/she is already studying science
is:
(a) 1/4 (b) 2/3 (c) 1 (d) 1/2
122. A biased coin is such that the probability of getting a head is thrice the probability of getting a tail, if the
coin is tossed 4 times, what is the probability of getting a head all the times?
(a) 2/5 (b) 81/128 (c) 81/256 (d) 81/64
123. If there are 16 phones, 10 of them are Android and 6 of them are of Apple, then the probability of 4
randomly selected phones to include 2 Android and 2 Apple phone is:
(a) 0.47 (b) 0.51 (c) 0.37 (d) 0.27
124. The value of K for the probability density function of a variate X is equal to:
X 0 1 2 3 4 5 6

P(x) 5k 3k 4k 6k 7k 9k 11k

(a) 39 (b) (c) (d)


125. For any two dependent events A and B, P(A) = 5/9 and P(B) = 6/11 and P(AB) = 10/33. What are the
values of P(A/B) and P (B/A)?
(a) 5/ 96, 6/11 (b) 5/6, 6/11 (c) 1/9, 2/9 (d) 2/9, 4/9
126. Which of the following pair of events E and F are mutually exclusive?
(a) E = {Ram’s age is 13} and F = {Ram is studying in a college]
(b) E = {Sita studies in a school] and F = {Sita is a play back singer]
(c) E = {Raju is an elder brother in a family } and F= {Raju’s father has more than one son]
(d) E = {Banu studied B.A.Engilsh literature and) F= {Banu can read English novels]
127. Assume that the probability for rain on a day is 0.4. An umbrella salesman can earn ` 400 per day in
case of rain on that day and will lose ` 100 per day if there is no rain. The expected earnings in (in `)
per day of the salesman is
(a) 400 (b) 200 (c) 100 (d) 0
128. The probability distribution of a random variable x is given below:
X: 1 2 4 5 6
P: 0.15 0.25 0.2 0.3 0.1
What is the standard deviation of x?
(a) 1.49 (b) 0.56 (c) 1.69 (d) 0.72
129. In a group of 20 males and 15 females, 12 males and 8 females are service holders. What is the
probability that a person selected at random from the group is a service holder given that the selected
person is a male?
(a) 0.40 (b) 0.60 (c) 0.45 (d) 0.55
130. There are 3 boxes with the following composition:
Box 1 : 7 Red + 5 while + 4 Blue balls
Box 2 : 5 Red + 6 white + 3 Blue balls

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CA|CMA International School for Financial Studies

Box 3 : 4 Red + 3 white + 2 Blue balls


One of the boxes is selected at random and a ball is drawn from it. What is the probability the drawn
ball is red?
(a) 1249/3024 (b) 1247/3004 (c) 1147/3024 (d) ½

131. For a probability distribution, probability is given by,


1, 2 ...... 9. The value of k is
(a) 55 (b) 9 (c) 45 (d) 81
132. A dice is rolled twice. Find the probability of getting numbers multiple of 3 or 5?

(a) (b) (c) (d)


133. What is the probability of occurrence of leap year having 53 Sundays?

(a) (b) (c) (d)


134. If in a bag of 30 balls numbered from 1to 30. Two balls are drawn, find probability of getting a ball
being multiple of 2 or 5

(a) (b) (c) (d)


135. Two perfect dice are rolled what is the probability that one appears at least in one of the dice?

(a) (b) (c) (d)


136. If two dice are rolled and one of the dice shows 1 at a point then how many such outcome can be done

where it is known that its probability is , where x = ______


(a) 11 (b) 7 (c) 8 (d) 9

137. If P(A) = 0.3 ; P (B) = 0.8 and = 0.5, find


(a) 0.85 (b) 0.95 (c) 0.55 (d) 0.5
138. If P Q are the odds in favour of an event, then the probability of that event is ____

(a) (b) (c) (d)

-o0o-

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CA /CMA FOUNDATIN STATISTICS

KEY

1 D 16 B 31 A 46 B 61 C 76 A
2 D 17 A 32 A 47 B 62 B 77 B
3 C 18 A 33 B 48 A 63 C 78 C
4 A 19 D 34 B 49 A 64 C 79 D
5 C 20 D 35 C 50 B 65 C 80 B
6 B 21 B 36 B 51 B 66 A 81 A
7 A 22 C 37 C 52 C 67 D 82 A
8 C 23 C 38 B 53 B 68 B 83 D
9 C 24 C 39 C 54 B 69 A 84 A
10 A 25 B 40 A 55 D 70 B 85 A
11 D 26 A 41 A 56 D 71 C 86 A
12 D 27 C 42 D 57 C 72 A 87 A
13 D 28 D 43 B 58 C 73 D 88 D
14 B 29 C 44 B 59 D 74 A 89 B
15 A 30 C 45 B 60 D 75 B 90 D

91 D 101 B 111 B 121 B 131 C


92 C 102 A 112 A 122 C 132 C
93 A 103 B 113 C 123 C 133 B
94 C 104 B 114 D 124 D 134 B
95 A 105 A 115 C 125 A 135 B
96 B 106 D 116 C 126 A 136 A
97 D 107 C 117 A 127 C 137 B
98 B 108 D 118 D 128 C 138 B
99 B 109 B 119 C 129 B
100 A 110 D 120 C 130 A

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CA|CMA International School for Financial Studies

CH 17: CORRELATION AND REGRESSION


PAST YEAR QUESTIONS

1. The coefficient of rank correlation of marks obtained by 10 students, in English and Economics was
found to be 0.5. It was later discovered that the difference in ranks in the two subjects obtained by one
student was wrongly taken as 3 instead of 7. The correct coefficient of rank correlation is:
(a) 0.32 (b) 0.26 (c) 0.49 (d) 0.93
2. Given the following data :

. The coefficient of determination is :


(a) 0.74 (b) 0.42 (c) 0.58 (d) 0.64
3. The method applied for deriving regression equations is known as :
(a) Concurrent deviation (b) Product moment (c) Least squares (d) Normal equation
4. The coefficient of correlation between x and y series from the following data:
X series Y series
Number of pairs
of observations 15 15
Arithmetic Mean 25 18
Standard Deviation 3.01 3.03
Sum of the squares
of deviation from mean 136 138
Sum of the product of the deviations of x and y series from their respective means = 122, is :
(a) 0.89 (b) 0.99 (c) 0.69 (d) 0.91
5. If the lines of regression in a bivariate distribution are given by x + 2y = 5 and 2x + 3y = 8, then the
coefficient of correlation is :
(a) 0.866 (b) –0.666 (c) 0.667 (d) –0.866
6. If the correlation coefficient between two variables is 1, then the two lines of regressions are :
(a) Parallel (b) At right angles (c) Coincident (d) None of these
7. If the sum of square of differences of rank is 50 and number of items is 8 then what is the value of rank
correlation coefficient.
(a) 0.59 (b) 0.40 (c) 0.36 (d) 0.63
8. If coefficient of correlation between x and y is 0.46. Find coefficient of correlation between x

and
(a) 0.46 (b) 0.92 (c) – 0.46 (c) – 0.92
9. Given the regression equations as 3x + y = 13 and 2x +5y = 20. Find regression equation of y on x.
(a) 3x + y =13 (b) 2x + y = 20 (c) 3x + 5y = 13 (d) 2x + 5 y = 20
10. The coefficient of correlation is significant if:
(a) r > 5 P. E (b) r < 6 P. E (c) r  6 P. E (d) r = 6 P. E
11. The two regression equations are :
2x + 3y+ 18 = 0
x + 2y- 25 = 0
find the value of y if x = 9
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CA /CMA FOUNDATIN STATISTICS
(a) – 8 (b) 8 (c) -12 (d) 0

12. The correlation coefficient between x and y is – 1/2. The value of . Find .
(a) –2 (b) – 4 (c) 0 (d) 2
13. Ranks of two __________ characteristics by two judges are in reverse order then fin the value of Spearman
rank correlation co-efficient.
(a) –1 (b) 0 (c) 1 (d) 0.75

14. Which of the following regression equations represent regression line of Y on X.


7x + 2y + 15 = 0, 2x + 5y + 10 = 0
(a) 7x + 2y + 15 = 0 (b) 2x + 5y + 10 = 0 (c) Both (a) and (b) (d) None of these
15. If the rank correlation co-efficient between marks in Management and Mathematics for a group of
students is 0.6 and the sum of the squares of the difference in ranks is 66. Then what is the number of
students in the group?
(a) 9 (b) 10 (c) 11 (d) 12
16. Correlation coefficient between X and Y will be negative when:-
(a) X and Y are decreasing (b) X is increasing, Y is decreasing
(c) X and Y are increasing (d) None of these
17. The two regression lines are 7x – 3y –18 = 0 and 4x – y – 11 = 0. Find the values of byx and bxy
(a) 7/3, 1/4 (b) –7/3, – 1/4 (c) – 3/7, — 1/4 (d) None of these.
2
18. ‘P’ is the simple correlation coefficient, the quantity P is known as:
(a) Coefficient of determination (b) Coefficient of Non-determination
(c) Coefficient of alienation (d) None of the above
19. _________ of the regression Coefficients is greater than the correlation coefficient
(a) Combined mean (b) Harmonic mean (c) Geometric mean (d) Arithmetic mean

20. If the correlation coefficient between x and y is r, then between and


(a) r (b) r (c) (r – 5)/2 (d) (r – 7)/10
21. If the two lines of regression are x + 2y - 5 = 0 and 2x + 3y - 8 = 0
The regression line of y on x is
(a) x + 2y - 5 = 0 (b) 2x + 3y - 8 = 0 (c) Any of the two line (d) None of the two line
22. If the sum of the product of deviations of x and y series from their means is zero, then the coefficient of
correlation will be
(a) 1 (b) -1 (c) 0 (d) None of these
23. The ranks of five participants given by two judges are

Particulars
A B C D E
Judge 1 1 2 3 4 5
Judge 2 5 4 3 2 1

Rank correlation coefficient between ranks will be


(a) 1 (b) 0 (c) -1 (d) 1/2
24. Regression coefficient are ______
(a) dependent of change of origin and of scale
(b) independent of both change of origin and of scale

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CA|CMA International School for Financial Studies

(c) dependent of change of origin but not of scale


(d) independent of change of origin but not of scale

25. Given :

The coefficient of correlation between x and y is 0.6. What will be the regression coefficient of ‘x’ on ‘y’?
(a) 0.03 (b) 0.3 (c) 0.2 (d) 0.05
26. If the two lines of regression are x + 2y -5 =0 and 2x + 3y - 8 = 0 The regression line of y on x is
(a) x+2y–5 = 0 (b) 2x + 3y – 8 = 0 (c) Any of the two line (d) None of the two lines.

27. The covariance between two variables X and Y is 8.4 and then variances are 25 and 36 respectively.
Calculate Karl Pearson’s coefficient of correlation between them
(a) 0.82 (b) 0.28 (c) 0.01 (d) 0.09
28. For a bivariate data, two lines of regression are 40x –18y = 214 and 8x –10y + 66 = 0, then find the
values of x and y
(a) 17 and 13 (b) 13 and 17 (c) 13 and –17 (d) –13 and 17
29. Three competitors in a contest are ranked by two judges in the order 1,2,3 and 2,3,1 respectively.
Calculate the Spearman's rank correlation coefficient.
(a) –0.5. (b) – 0.8 (c) 0.5 (d) 0.8
30. Out of the following which one affects the regression co-efficient.
(a) Change of Origin Only (b) Change of scale Only
(c) Change of scale & origin both (d) Neither Change of origin nor change of scale
31. For a bivariate data, the lines of regression of Y on X, and of X on Y are respectively 2.5Y – X = 35 and
10X – Y = 70, then the Correlation coefficient r is equal to:
(a) 0.2 (b) –0.2 (c) 0.5 (d) –0.5
32. If one of regression coefficient is ________ unity, the other must be ________ unity.
(a) more than, more then (b) Less than, Less then
(c) more than, less than (d) Positive, Negative
33. If Y is dependent variable and X is Independent variable and the S.D of X and Y are 5 and 8 respectively
and Co-efficient of co-relation between X and Y is 0.8. Find the Regression coefficient of Y on X.
(a) 0.78 (b) 1.28 (c) 6.8 (d) 0.32
34. If the regression lines are 8x – 10y + 66 = 0 and 40x – 18y = 214, the correlation coefficient between ‘x’
and ‘y’ is :
(a) 1 (b) 0.6 (c) – 0.6 (d) –1
35. The coefficient of correlation between two variables x and y is the simple _______ of the two regression
coefficients.
(a) Arithmetic Mean (b) Geometric Mean (c) Harmonic Mean (d) None of the above
36. If 2 variables are uncorrelated, their regression lines are:
(a) Parallel (b) Perpendicular (c) coincident (d) Inclined at 45 degrees
37. If the covariance between variables X and Y is 25 and variance of X and Y are respectively 36 and 25,
then the coefficient of correlation is
(a) 0.409 (b) 0.416 (c) 0.833 (d) 0.0277

38. If x , y denote the arithmetic means, denotes the standard deviations, denote the
regression coefficients of the variables ‘X’ and ‘Y’ respectively, then the point of intersection of
regression lines X on Y & Y on X is

(a) ( ) (b) ( ) (c) ( ) (d) ( )

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CA /CMA FOUNDATIN STATISTICS
39. In Spearman’s Correlation Coefficient, the sum of the differences of ranks between two variables shall
be _____
(a) 0 (b) 1 (c) - 1 (d) None of the above
40. For certain x and y series which are correlated, the two lines of regression are
5x – 6y + 9 = 0
15x – 8y – 130 = 0
The correlation coefficient is
(a) 4/5 (b) 3/4 (c) 2/3 (d) 1/2
41. The Coefficient of correlation between x and y series is – 0.38. The linear relation between x & u and
y & v are and , what is the coefficient of correlation between u & v?
0.38 (b) –0.38 (c) 0.40 (d) None of the above

42. If y = 18x + 5 is the regression line of y on x value of is


(a) 5/18 (b) 18 (c) 5 (d) 1/18
43. If ‘r’ be the Karis Pearson’s coefficient of correlation in a bivariate distribution then the two regression
lines are at right angle if:
(a) (b) r = 0
(c) any finite value whose numerical value is less than 1 (d) None of these
44. If the regression equations are and and standard deviation of y is 1.
The coefficient of correlation is = ____________
(a) 2 (b) 1 (c) 0.87 (d) –0.87
45. The coefficient of correlation between two variables x and y is 0.28. Their covariance is 7.6. If the
variance of x is 9, then the standard deviation of y is:
(a) 8.048 (b) 9.048 (c) 10.048 (d) 11.048
46. Two variables x and y are related according to . Then x and y are:
(a) Positively correlated (b) Negatively correlated (c) Correlation is zero (d) None
47. Determine the coefficient of correlation between x and y series:

x Series y Series
No. of items 15 15
Arithmetic Mean 25 18
Sum of Squares of Deviations from Mean 136 138

Sum of products of Deviations of x and y series from Mean = 122


(a) –0.89 (b) 0.89 (c) 0.69 (d) – 0.69
48. Price and Demand is the example for
(a) No correlation (b) Positive correlation (c) Negative (d) None of the above
49. If mean of x and y variables is 20 and 40 respectively and the regression coefficient of y on x is 1.608,
then the regression line of y on x is
(a) y = 1.608x + 7.84 (b) y = 1.5x + 4.84 (c) y = 1,608x + 4.84 (d) y = 1.56x + 7.84
50. When the value of correlation coefficient is +1 or –1, then the two regression lines will ________
(a) have 30° angle between them (b) have 45° angle between them
(c) coincide (b) be perpendicular to each other
51. Two regression lines for a bivariate data are: 2x – 5y + 6 = 0 and 5x – 4y + 3 = 0. Then the coefficient of
correlation should be:

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CA|CMA International School for Financial Studies

(a) (b) (c) (d)


52. When each individual gets the exactly opposite rank by the two Judges, then the rank correlation will be

(a) 0 (b) –1 (c) +1 (d)


53. If the mean of the two variables ‘X’ and ‘Y’ are 3 and 1 respectively. Then the equation of two regression
lines are ______
(a) 5x + 7y –22 = 0, 6x + 2y – 20 = 0 (b) 5x + 7y –22 = 0, 6x + 2y + 20 = 0
(c) 5x + 7y + 22 = 0,6x + 2y –20 = 0 (d) 5x + 7y + 22 = 0, 6x + 2y + 20 = 0
54. The equation of two lines of regression for ‘x’ and ‘y’ are 5x = 22 + y and 64x = 24 + 45y then the value
of regression coefficient of ‘y’ on ‘x’ will be _____

(a) 5 (b) (c) (d)

55. If the correlation coefficient between two variables is zero, then the lines of regression are:
(a) Parallel (b) Perpendicular (c) Coincide (d) None of these
56. If the value of correlation coefficient between x & y is 1, then the value of correlation coefficient

between x – 2 and is:


(a) 1 (b) –1 (c) –1/2 (d) 1/2
57. The equations of two regression lines are and , then the value of correlation
coefficient between x and y is:

(a) –1/2 (b) + 1/2 (c) (d)


58. Two regression lines are

The value of the correlation coefficient is


(a) 0.6 (b) – 0.6 (c) 0.54 (d) 0.45
59. When the correlation coefficient r is equal to + 1, all the points in a scatter diagram would be
(a) On a straight line directed from upper left to lower right
(b) On a straight line directed from lower left to upper right
(c) On a straight line
(d) Both (a) and (b)
60. Out of following which is correct?

(a) (b) (c) (d)


61. In case of “Insurance Companies” profits and the number of claims they have to pay there is ____
correlation
(a) Positive (b) Negative (c) No correlation (d) None of the above
62. Two regression equations are as follows:
Regression equation of x on y : 5x – y = 22
Regression equation of y on x : 64x – 45y = 24
What will be the mean of x and y?

(a) (b) (c) (d)

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CA /CMA FOUNDATIN STATISTICS
63. If the coefficient of correlation between X and Y variables is +0.90 then what will be the coefficient of
determination?
(a) 0.30 (b) 0.81 (c) 0.94 (d) None of these
64. The two lines of regression become identical when
(a) r = 1 (b) r = – 1 (c) r = 0 (d) (a) or (b)
65. If r = 0.6, then the coefficient of determination is.
(a) 0.4 (b) – 0.6 (c) 0.36 (d) 0.64
66. The two regression lines passing through
(a) Represent means (b) Represent S.Ds (c) and (b) (d) None of these
67. Out of the following the one which effects the regression coefficient is
(a) Change of origin only (b) Change of scale only
(c) Change of scale and origin both (d) Neither change in origin nor change of scale
68. The regression equation of x and y is 3x + 2y = 100. The value of b xy is:

(a) (b) (c) (d)

69. In a beauty contest there were 10 competitors. Rank of these candidates are assigned by two judges A
and B. The sum of squares of differences of ranks is 44. The value of rank correlation is:
(a) 0.70 (b) 0.73 (c) 0.80 (d) 0.60
70. The coefficient of correlation between the temperature of environment and power consumption is
always:
(a) Positive (b) Negative (c) Zero (d) Equal to 1
71. If two regression lines are x + y = 1 and x – y = 1 then mean values of x and y will be:
(a) 0 and 1 (b) 1 and 1 (c) 1 and 0 (d) -1 and -1
72. The coefficient of correlation between x and y is 0.6. If x and y values are multiplied by –1, then the
coefficient of correlation will be:
1
(a) 0.6 (b) -0.6 (c) (d) 1 - 0.6
0.6
73. Two regression lines are 5y = 9x – 22 and 20x = 9y + 350, then the value of correlation coefficient (r)
will be:
(a) 0.10 (b) – 0.10 (c) – 0.90 (d) 0.90
74. The regression coefficient is independent of the change of:
(a) Origin (b) Scale (c) Both (a) and (b) Neither (a) nor (b)
75. If r = 0.6 then the coefficient of non-determination will be:
(a) 0.40 (b) –0.60 (c) 0.36 (d) 0.64
76. The coefficient of correlation (r) is the __________of the two regression coefficient (byx and bxy) r
(a) AM (b) GM (c) HM (d) Median
77. If there is a constant increase in a series, then the corresponding graph will be
(a) Convex curve (b) Concave curve
(c) Parabola (d) Straight line from the left to the right
78. If the plotted points is a scatter diagram are evenly distributed, then the correlation is
(a) Zero (b) Negative (c) Positive (d) (a) Or (b)
79. The covariance between two variables is
(a) Strictly positive (b) Strictly negative
(c) Always Zero (d) Either positive or negative or zero
80. The coefficient of determination is defined by the formula
2 1−unexplained variance 2 1−explained variance
(a) r = (b) r =
total variance total variance

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(c) Both (a) and (b) (d) None


81. In the method of Concurrent Deviations, only the directions of change (Positive direction/Negative
direction) in the variables are taken into account for calculation of
(a) Coefficient of SD. (b)Coefficient of regression (c) Coefficient of correlation (d) None
82. Correlation coefficient is ________ of the units of measurement
(a)dependent (b) independent (c) both (d) none
83. In case speed of an automobile and the distance required to stop the car after applying brakes
correlation is
(a) Positive (b) Negative (c) Zero (d) None

84. A relationship is not possible


(a) True (b) False (c) Both (d) None
85. Rank correlation coefficient lies between
(a) 0 to 1 (b) – 1 to +1 inclusive of these value (c) - 1 to 0 (d) both
86. The two line of regression intersect at the point
(a) Mean (b) Mode (c) Median (d) None of these

87. If the two lines of regression are x + 2y – 5 = 0 and 2x + 3y – 8 = 0, then the regression line of y on x is:
(a) x + 2y – 5 = 0 (b) 2x + 3y – 8 = 0 (c) x + 2y = 0 (d) 2x + 3y = 0
88. If the two regression lines are 3X = Y and 8Y = 6X, then the value of correlation coefficient is
(a) 0.5 (b) – 0.5 (c) 0.75 (d) – 0.80
89. The regression coefficient is independent of the change of:
(a) Scale (b) Origin (c) Scale and origin both (d) None of these
90. If the correlation coefficient between the variables X and Y is 0.5, then the correlation coefficient
between the variables 2x – 4 and 3 – 2y is
(a) 1 (b) 0.5 (c) – 0.5 (d) 0
91. A.M. of regression coefficients is
(a) Equal to r (b) Greater than or equal to r (c) Half of r (d) None
92. Given that

X –3 –3/2 0 3/2 3
Y 9 9/4 0 9/4 9
Then Karipearson’s coefficient of correlation is
(a) Positive (b) Zero (c) Negative (d) None

93. Find the probable error if and n = 36


(a) 0.6745 (b) 0.067 (c) 0.5287 (d) None
94. Given the following series:

X 10 13 12 15 8 15
Y 12 16 18 16 7 16
The rank correlation r =

(a) (b)

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(c) (d)
95. Determine Spearman’s rank correlation coefficient from the given data ∑ d = 30, n = 10:
2

(a) r = 0.82 (b) r = 0.32 (c) r = 0.40 (d) None of the above
96. If the regression line of y on x is given by y = x + 2 and Karl Pearson's coefficient of correlation is 0.5 then

= _______
(a) 3 (b) 2 (c) 4 (d) None
97. If two line of regression are x + 2y – 5 = 0 and 2x + 3y – 8 = 0. So x + 2y – 5 = 0 is
(a) y on x (b) x on y (c) both (d) None
98. Find the coefficient of correlation
2x + 3y = 2
4x + 3y = 4
(a) –0.71 (b) 0.71 (c) –0.5 (d) 0.5

99. What is the coefficient of correlation from the following data?


x: 1 2 3 4 5
y: 5 4 3 2 6
(a) 0 (b) –0.75 (c) – 0.85 (d) 0.82
100. If the plotted points in a scatter diagram lie from upper left to lower right, then correlation is
(a) Positive (b) Negative (c) Zero (d) None of these
101. Which of the following is spurious correlation?
(a) Correlation between two variables having no casual relationship
(b) Negative correlation
(c) Bad relation between two variables
(d) Very low correlation between two variables.
102. Scatter diagram does not help us to?
(a) Find the type of correlation
(b) Identify whether variables correlated or not
(c) Determine the linear or non-linear correlation
(d) Find the numerical value of correlation coefficient
103. The covariance between two variables is
(a) Strictly positive (b) Strictly negative
(c) Always Zero (d) Either positive or negative or zero.
104. For the set of observations {(1,2), (2, 5), (3,7), (4,8), (5,10)} the value of karl-person’s coefficient of
correlation is approximately given by
(a) 0.755 (b) 0.655 (c) 0.525 (d) 0.985
105. The coefficient of correlation between x and y is 0.5 the covariance, is 16, and the standard deviation of y
is
(a) 4 (b) 8 (c) 16 (d) 64
106. The interesting point of the two regression lines: y on x and x on y is

(a) (0,0) (b) (c) (d) (1, 1

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107. Given that the variance of x is equal to the square of standard deviation by and the regression line of y on
x is y = 40 + 0.5 (x – 30).
Then regression line of x on y is
(a) y = 40 + 4 (x - 30) (b) y = 40 + (x-30) (c) y = 40+ 2 (x – 30) (d) x = 30 + 2(x – 40)
108. The regression coefficients remain unchanged due to
(a) A shift of scale (b) A shift of origin

(c) Replacing x - values by (d) Replacing y values by


109. If y = 9x and x = 0.01 y then r is equal to:
(a) – 0.1 (b) 0.1 (c) +0.3 (d) – 0.3
110. The straight -line graph of the linear equation y = a + b x, slope ii horizontal if:
(a) b = 1 (b) b ≠ 0 (c) b = 0 (d) a = b ≠ 0
111. If byx = –1.6 and bxy = –0.4, then rxy will be:
(a) 0.4 (b) – 0.8 (c) 0.64 (d) 0.8
112. If the sum of the product of the deviations of X and Y from their means is zero the correlation coefficient
between X and Y is:
(a) Zero (b) Positive (c) Negative (d) 10
113. If the slope of the regression line is calculated to be 5.6 and the intercept 15 then the value of Y and X is 6
is:
(a) 88 (b) 48 (c) 18 (d) 78

114. The sum of square of any real positive quantities and its reciprocal is never less than:
(a) 4 (b) 2 (c) 3 (d) 4
115. If the data points of (X, Y) series on a scatter diagram lie along a straight line that goes downwards as
X-values move from left to right, then the data exhibit ..... correlation.
(a) Direct (b) Imperfect indirect (c) Indirect (d) Imperfect direct
116. For any two variables x and y the regression equations are given as 2x + 5y - 9 = 0 and 3x - y - 5 = 0.
What are the A.M. of x and y?
(a) 2, 1 (b) 1,2 (c) 4,2 (d) 2, 4
117. The intersecting point of two regression lines falls at X-axis. If the mean of X-values is 16, the standard
deviations of X and Y are respectively, 3 and 4, then the mean of Y-values is
(a) 16/3 (b) 4 (c) 0 (d) 1
118. The regression coefficients remain unchanged due to
(a) Shift of origin (b) Shift of scale (c) Always (d) Never
119. If Coefficient of correlation for 3x + 4y = 6 is 0.5. Find the coefficient of correlation for of 3u + 9v = 7 for
u and v.
(a) – (0.5) (b) + (0.5) (c) ± 0.5 (d) 0.25
120. Karl Pearson Correlation Coefficient method is used for –
(a) Any data (b) Scattered data (c) Grouped data (d) Ungrouped data
121. If the plotted point in a scatter diagram lie from lower left to upper right then correction is:
(a) Positive (b) Negative (c) Perfectively negative (d) Zero

122. If concurrent coefficient is . If sum of deviation is 6 for n pairs of data?


(a) 9 (b) 8 (c) 10 (d) 11
123. Which of the following is used he find correlation between two qualitative characteristics
(a) Marl Pearson (b) Spearman rank correlation
(c) Concurrent deviation (d) Scatter diagram
124. Scattered diagram is used the plot
(a) Quantitative data (b) Qualitative data (b) Discrete data (d) Continuous data

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KEY
1 B 21 C 41 B 61 B 81 C 101 A 121 A
2 D 22 C 22 D 62 C 82 B 102 D 122 C
3 C 23 C 43 B 63 B 83 A 103 D 123 B
4 A 24 D 44 C 64 D 84 A 104 D 124 A
5 D 25 B 45 B 65 C 85 B 105 B
6 C 26 C 46 B 66 A 86 A 106 B
7 B 27 B 47 B 67 B 87 A 107 D
8 A 28 B 48 C 68 A 88 A 108 B
9 D 29 A 49 A 69 B 89 B 109 C
10 C 30 B 50 C 70 A 90 C 110 C
11 B 31 A 51 C 71 C 91 B 111 B
12 A 32 C 52 B 72 A 92 B 112 A
13 A 33 B 53 A 73 D 93 B 113 B
14 B 34 B 54 C 74 A 94 B 114 B
15 B 35 B 55 B 75 D 95 A 115 C
16 B 36 B 56 B 76 B 96 C 116 A
17 A 37 C 57 C 77 D 97 A 117 C
18 A 38 A 58 A 78 A 98 B 118 A
19 D 39 A 59 B 79 D 99 A 119 B
20 A 40 C 60 B 80 C 100 B 120 D

CH 18: INDEX NUMBERS


PAST YEAR QUESTIONS

1. An enquiry into the budgets of middle class families in a village gave the following information :
Expenses
on: Food Rent Clothing Fuel Others
30% 15% 20% 10% 25%
Price in
` in 1987: 100 20 70 20 40
Price in
` in 2005: 90 20 60 10 55

. The price index number based on Weighted Arithmetic Mean


of price relatives is :
(a) 111.015 (b) 101.015 (c) 0.0197 (d) None
2. Shifted Price index
Original Price Index
¿
Price Index of the year on which × 100
¿ has be shifted
¿
Original Price Index
(a) True (b) False (c) Partly True (d) Partly False
3. Given the following information :

Commodity 2003
2000

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Price Quantity Price Quantity


A 2 74 3 82
B 5 125 4 140
C 7 40 6 33
Which of the following is true :
(a) Marshall Edge worth index for 2003 is 105.13
(b) Fisher’s index for 2003 is 90.15.
(c) Marshall Edge worth Index Number is good approximation to Fisher’s Index Number
(d) None of these
4. Laspeyare’s and Paasche’s Method ___________ Time Reversal Test:
(a) Do not satisfy (b) Satisfy (c) Depends on the case (d) Can’t say
5. Chain index is equal to:
Link relative of current year × Link relative of current year ×
(a) chain index of the current year (b) chainindex of the previous year
100 100
Link relative of previous year ×
(c) chainindex of the current year (d) None of these
100
6. In 2004 for working class people, wheat was selling at an average price of ` 16 per 20 kg. cloth at ` 2
per meter, house rent at ` 30 per house and other items at ` 10 per unit. By 2005 cost of wheat rose by
` 4 per 20 Kg. house rent by ` 15 per house and other items doubled in price. The working class cost of
living index for the year 2005 (with 2004 as base) was 160. By how much did cloth rise in price during
the period :

(a) 1.28 (b) 0.99 (c) 1.73 (d) 1.30


7. The ratio of price of the single commodity in a given period to its price in another period is called :
(a) Price Ratio (b) Price Relative (c) Base Period (d) None of these
8. Consumer Price Index goes up from 100 in 1990 to 200 in 1993. Salary a worker is also raised from
` 300 in 1990 to ` 500 in 1993. The real wages of the worker are:
(a) 300 (b) 250 (c) 600 (d) 350
9. Using following data, find Passche’s Index Number
Base Year Current Year
Commodities Price Quantity Price Quantity
A 5 25 6 30
B 3 8 4 10
C 2 10 3 8
D 10 4 3 5
(a) 109.21 (b) 105.28 (c) 110.32 (d) 120.21
10. The Circular Test is known as:

(a) (b) (c) (d)


11. Fisher's Index is based on
(a) Arithmetic Mean of Laspeyre and Paasche (b) Geometric Mean of Laspeyre and Paasche
(c) Harmonic Mean of Laspeyre and Paasche (d) Median of Laspeyre and Paasche
12. In Passche’s index, weights are based on :
(a) Current year quantities (b) Base year quantities
(c) Weighted average prices (d) None of these
13. Fisher’s Ideal Index does not satisfy:
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(a) Time Reversal Test (b) Factor Reversal Test (c) Unit Test (d) Circular test

14. ________ which of following test satisfies the above?


(a) Time Reversal Test (b) Factor Reversal Test (c) Circular Test (d) None of these
15. Time reversal & factor reversal are:
(a) Quantity Index (b) Ideal Index (c) Price Index (d) Test of Consistency
16. In Laspeyre’s Index Number_________ are used as weights?
(a) Base year price (b) Current year price
(c) Base year quantities (d) Current year quantities
17. In the data group Bowley’s and Laspeyre’s index number is as follows, index number = 150, Laspeyre’s
index number = 180 then Paesche’s index number is
(a) 120 (b) 30 (c) 165 (d) None of these
18. Consumer price index is commonly known as
(a) Chain Based index (b) Ideal index
(c) Wholesale price index (d) Cost of living index
19. Find the Paasche’s index number for prices from the following data taking 1970 as the base year.
Commodity 1970 1975
Price Commodity Price Commodity
A 1 6 3 5
B 3 5 8 5
C 4 8 10 6
(a) 261.36 (b) 265.48 (c) 274.32 (d) 282

20. If Laspeyre’s index number is 90 and Paasche’s index number is 160, then Fisher’s index number
will_____
(a) 144 (b)120 (c) 125 (d) None of these
21. Wholesale Price Index (WPI) is given by :
(a) Marshall-Edge worth Index (b) Laspeyre’s Index
(c) Paasche's Index (d) None of the above.
22. Fisher's Ideal index is obtained by :
(a) Arithmetic Mean of Laspeyre's & Paasche's index
(b) Geometric Mean of Laspeyre's & Paasche's index
(c) Sum of Laspeyre's & Paasche's index.
(d) None of the above.
23. The index number of prices at a place in the year 2008 is 225 with 2004 as the base year then there is:
(e) average 125% increase in prices (b) average 225% increase in prices
(c) average 100% increase in prices. (d) None of the above.
24. The simple index number for the current year using simple aggregative method for the following data
is________
Commodity Year Current Year
Base Price Price
(P0) (P1)
Wheat 80 100
Rice 100 150
Gram 120 250
Pulses 200 300
(a) 200 (b) 150 (c) 240 (d) 160

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25. Fishers Ideal Index Number not satisfies __________


(a) Unit Test (b) Time Reversal Test (c) Circular Test (d) Factor Reversal Test
26. If the prices of all commodities in a place has increased 20% in comparison to the base period prices,
then the index number of prices for the place is now ________
(a) 100 (b) 120 (c) 20 (d) 150

27. If = 140

Then Fisher’s ideal index number is __________


(a) 184 (b) 83.59 (c) 119.66 (d) 120
28. Find the Paasche’s Index number for prices from the following data taking 1970 as the base year.

Commodity 1970 1975


Price Commodity price Commodity
A 1 6 3 5
B 3 5 8 5
C 4 8 10 6
(a) 261.36 (b) 265.48 (c) 274.32 (d) 282
29. If Fisher’s index = 150 and Paasche’s Index = 144, then Laspeyre’s index is ______
(a) 147 (b) 156.25 (c) 104.17 (d) 138
30. Net monthly salary of an employee was ` 3,000. The consumer price index number in 1985 is 250 with
1980 as base year. If he has to be rightly compensated then the additional dearness allowance to be
paid to the employee is:
(a) ` 4,000 (b) ` 4,800 (c)` 5,500 (d) ` 4,500

31. In a year 2005 the wholesale price index number is 286 with 1995 as base year, then how much the
prices have increased in 2005 in comparison to 1995?
(a) 286% (b) 386% (c) 86% (d) 186%
32. Bowley’s index = 150, Laspeyer’s index = 180, then Paasche’s index = ________
(a) 120 (b) 30 (c) 165 (d) None of these
33. An index time series is a list of _____________number of two or more period of time, where each index
number employs the same base y can
(a) Index (b) Absolute (c) Relative (d) Sample
34. The index number for the year 2012 taking 2011 as the base year from the data given below by using
simple average of price relative method is
Commodity A B C D E
Price in 2011 115 108 95 80 90
Price in 2012 125 117 108 95 95
(a) 112 (b) 117 (c) 120 (d) 111
35. What is the formula for calculating the deflated value?
(a) Current value/Price index of current year
(b) Current value/Price index of current year) ×100
(c) Price index of current year/Current value
(d) (Current value/Price index of last year)×100
36. Circular test is satisfied by which index number?
(a) Laspeyre’s (b) Paasche’s (c) Fisher’s (d) None of theabove
37. Fisher’s Index Number is _____ of Laspeyre’s and Paasche’s Index Number
(a) A.M. (b) G.M. (c) H.M. (d) None of theabove
38. Which of the following statements is true?

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(a) Paasche’s Index Number is based on base year quantity
(b) Fisher’s Index Number satisfies the circular test
(c) Arithmetic Mean is the most appropriate average for constructing the index Number
(d) Splicing means constructing one continuous series from two different indices on the basis of
common base
39. Monthly salary of an employee was ` 10,000 in the year 2000 and it was increased to ` 20,000 in year
2013 while the consumer price Index No. is 240 in year 2013 with the base year 2000. What should be
his salary in comparison of consumer price index in the year 2013?
(a) ` 20,000 (b) ` 16,000 (c) ` 24,000 (d) None of the above

40. If the Fisher’s Ideal Index is:


(a) 96.73 (b) 98.795 (c) 98.77 (d) 100.86
41. If the price of a commodity in a place has decreased by 30% over the base period prices, then the index
number of the place is:
(a) 30 (b) 60 (c) 70 (d) 80
42. If with an increase of 10% in prices, the rise in wages is 20% then the real wage has increased by
(a) 20% (b) 10% (c) Less than 10% (d) More than 10%
43. _________ play a very important role in the construction of index numbers.
(a) Weights (b) Classes (c) Estimations (d) None
44. Consumer price index number for the year 1977, was 313, with 1960 as the base year, and was 100 for
the year 1960. The average monthly ages in 1977 of the workers into factory be ` 160, their real wages
is:
(a) `48.40 (b) ` 51.12l (c) ` 40.30 (d) None of the above

45. Purchasing power of money is


(a) Reciprocal of price index number (b) Equal to price index number
(b) Unequal to price index number (d) None of these

46. If then the Laspeyre’s Index Number is


(a) 0.71 (b) 1.39 (c) 1.76 (d) none
47. In the year 2010 the monthly salary of a clerk was ` 24,000. The consumer price Index was 140 in the
year 2010, which rises to 224 in the year 2016. If he has to be rightly compensated, what additional
monthly salary should be paid to him?
(a) `14,400 (b) ` 38,400 (c) ` 7,200 (d) none of these
48. The suitable index number for the comparison of changes in price level of every year is ______
(a) Fixed Base Index Number (b) Fisher’s Ideal Index Number
(c) Chain Base Index Number (d) Both (a) and (c)
49. Following is the data concerning to commodities A, B, C and D in the base period 1992 and current
period 1993.
Base Year 1992 Current Year 1993
Commodities Price Quantity Price Quantity
A 3 18 4 15
B 5 6 5 9
C 4 20 6 26
D 1 14 3 15

The Paasche’s price index number is:


(a) 148.25 (b) 146.41 (c) 144.25 (d) None of these
50. Which method satisfy time reversal test?

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(a) Laspeyer’s method (b) Paasche’s method (c) Fishers method (d) None of these
51. Index number are the ___________
(a) Economic (b) Statistics (c) (a) and (b) (d) None of these
52. The monthly income of an employee was ` 8,000 in 2014. The consumer price index number was 160 in
2014, which rose to 200 in 2017. If he has to be rightly compensated, the additional dearness allowance
to be paid to him in 2017 would be:
(a) ` 2,400 (b) ` 2,750 (c) ` 2,500 (d) None of these
53. If Laspeyre’s index number (L) and Paasche’s index number (P) are known, then one can compute
Fisher’s index number (F) by:

√ F =¿
(a) F = LP (b) LP(c) (c) (d)
54. Fisher’s index number does not satisfy:
(a) Unit Test (b) Circular Test (c) Time reversal test (d) Factor reversal test
55. Circular Test is an extension of ______
(a) Factor reversal test(b) Time reversal test (c) Neither(a) nor (b) (d) Both (a) and (b)
56. Fishers Index number is based on:
(a) The arithmetic mean of Laspeyre’s and Pasche’s index number
(b) The median of Laspeyre’s and Paasche’s index numbes
(c) The mode of Laspeyre’s and Paasche’s index numbers
(d) None of the above

57. Price relative is equal to:


Price∈the given year Price∈the base year
(a) ×100 (b) ×100
Price∫ he base year Price∈the given year
(c) price in the given year × 100 (d) Price in the base year × 100
58. For consumer price index, prices are collected from:
(a) Retail traders (b) Wholesale traders (c) Fair price shops (d) Government Depot
59. Time reversal & factor reversal are:
(a) Quantity Index (b) Ideal Index (c) Price Index (d) Test of consistency
60. A series of numerical figures which show the relative position is called,
(a) Index number (b) Relative number (c) Absolute number (d) None
61. The number of test of Adequacy is:
(a) 2 (b) 5 (c) 3 (d) 4
62. P01 is the index for time
(a) 1 on 0 (b) 0 on 1 (c) 1 on 1 (d) 0 on 0
63. The circular test is an extension of
(a) The time is reversal test (b) The factor reversal test (c) The unit test (d) None of these

64. If then the Laspeyre’s Index Number is


(a) 0.71 (b) 1.39 (c) 1.75 (d) None of these
65. Price-relative is expressed in term of

(a) (b) (c) (d)

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66. Circular test is satisfied by
(a) Lespeyre’s Index Number
(b) Paasche’s Index Number
(c) The simple geometric mean of price relatives and the weighted aggregative with fixed weights
(d) None of thes
67. If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, what will be the index of
1970 on base 1960?
(a) 700 (b) 300 (c) 500 (d) 600
68. The multiplicative time series model is
(a) y = T + S + C + l (b) y = TSCI (c) y = a + bx (d) y = a + bx + cx2
69. Which of the following statement is true?
(a) Paache’s Index Number is based on the base year quantity
(b) Fisher’s Index Number is the Arithmetic Mean of Laspeyre’s Index Number and Paache’s Index
number
(c) Arithmetic Mean is the most appropriate average for constructing the index number
(d) Fisher’s Index Number is an Ideal Index Number
70. If Laspeyre’s Index Number is 250 and Paache’s Index Number is 160, then Fisher’s Index Number is

(a) 40,000 (b) (c) 200 (d)


71. The simple average method is used to calculate
(a) Trend Variation (b) Cyclical Variation (c) Seasonal Variation (d) Irregular Variation

72. If , and , then Laspeyre’s Index Number is


(a) 250 (b) 300 (c) 350 (d) 200

73. The sale of Cold Drink would go up in summers and go down in the winters is an example of
(a) Trend Variation (b) Cyclical Variation (c) Seasonal Variation (d) Irregular Variation
74. Which is called an ideal index numbers
(a) Laspeyre’s index number (b) Pasche’s index number
(c) Fisher’s index number (d) Marshall Edge worth index number
75. In semi-average method if the no. of values is odd, then we drop middle value
(a) First value (b) Last value (c) Middle value (d) None
76. Which is not satisfied by Fisher’s ideal index number?
(a) Factor Reversal Test (b) Time Reversal Test (c) Circular Test (d) None of the above
77. The prices and quantities of 3 commodities in base and current years

Po P1 Q0 Q1
12 14 10 20
10 8 20 30
8 10 30 10
The Laspeyre’s price index is
(a) 118.13 (b) 107.14 (c) 120.10 (d) None
78. The cost of living index numbers in years 2015 and 2018 were 97.5 and 115 respectively. The salary
of a worker in 2015 was ` 19500. How much additional salary was required for him in 2018 to
maintain the some standard of living as in 2015?
(a) 3000 (b) 4000 (c) 3500 (d) 4500
79. Trend in semi averages is:
(a) Linear (b) Parabola (c) Exponential (d) None
80. The most commonly used mathematical method for finding s trend is
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(a) Moving average (b) Simple average (c) Exponential (d) None
81. When sale of cold drink increases in summer and decreases in winters m example of ?
(a) Seasonal variations (b) Cyclic variations (c) Secular trend (d) None
82. Seasonal variations take place within in:
(a) one year (b) two year (c) half year (d) five years
83. Fisher’s index number does not satisfy:
(a) Circular test (b) Time reversal test (c) Factor reversal test (d) Unit test
84. The index number of prices at place in the year 2008 is 225 with 2004 as the base then there is:
(a) 125% increase (b) 225% increase (c) 100% increase (d) 25% decrease
85. In semi-average method if the no. of values is odd, we exclude :
(a) First value (b) Last value (c) Middle value (d) None
86. Fisher’s ideal Index Number does not satisfy _______ test
(a) Circular (b) Time reversal (c) Factor Reversal (d) Unit
87. Index Numbers are expressed as
(a) Squares (b) Ratio (c) Percentages (d) Combinations
88. In Laspeyre’s index number is 110 and Fisher’s ideal index number is 109. Then Paasche’s index
number is
(a) 118 (b) 110 (c) 109 (d) 108
89. The cost of living index is always
(a) Price index number (b) Quantity index number
(c) Weighted index number (d) Value index number Answer:
90. Fisher’s index number does not satisfy
(a) Unit test (b) Circular test (c) Time reversal test (d) Factor reversal test

91. When the prices for quantities consumed of all commodities are changing in the same ratio, then the
index numbers due to Laspeyre’s and Paasche’s will be.
(a) Equal (b) Unequal
(c)Reciprocal of Marshall Edge worth Index Number (d) Reciprocal of Fisher Index Number
92. The weighted aggregative price index turnover for 2001 with 2000 as the base year using Fisher’s
Index Number is:

Commodity Price (in `) Quantities


2000 2001 2000 2001
A 10 12 20 22
B 8 8 16 18
C 5 6 10 11
D 4 4 7 8
(a) 12.28 (b) 112.20 (c) 112.32 (d) 126.01
93. The weighted aggregative price index turnover for 2001 with 2000 as the base year using Paaasche’s
Index Number is:

Commodity Price (in `) Quantities


2000 2001 2000 2001
A 10 12 20 22
B 8 8 16 18
C 5 6 10 11
D 4 4 7 8
(a) 112.32 (b) 112.38 (c) 112.26 (d) 112.20

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94. If in an additive model O refers to original data as 875. T refers to trend 700, S refers to seasonal
variations – 200. C refers to cyclical variations 75 then the value of 1 which refers to irregular
variation is:
(a) –100 (b) – 170 (c) – 140 (d) –150
95. The weighted aggregative price index turnover for 2001 with 2000 as the base year using Marshall
Edgeworth Index Number is:

Commodity Price (in `) Quantities


2000 2001 2000 2001
A 10 12 20 22
B 8 8 16 18
C 5 6 10 11
D 4 4 7 8
(a) 112.26 (b) 112.20 (c) 112.32 (d) 112.38
96. The consumer price index goes up from 120 to 180 when salary goes up from 240 to 540, what is the
increase in real terms?
(a) 80 (b) 150 (c) 360 (d) 240
97. If P10 and P01 are index for 1 on 0 and 0 on 1 respectively then formula P01 × P10 = 1 is used for
(a) Unit Test (b)Tine Reversal Test (c) Factor Reversal Test (d) Circular Test
98. The weighted averaged of price relatives of commodities, when the weights are equal to the value of
commodities in the current year, yields ________ index number
(a) Fisher’s ideal (b) Laspeyres’s (c) Pasches' (d) Marshall-Edgeworth

99. From the following data base year:

Commodity Base year Current year


Price Quantity Price Quantity
A 4 3 6 2
B 5 4 6 4
C 7 2 9 2
D 2 3 1 5
Fisher’s ideal index is
(a) 117.30 (b) 115.43 (c) 118.35 (d) 116.48
100. Index numbers are not helpful in
(a) Framing economics policies (b) Revealing trend
(c) Forecasting (d) Identifying errors
101. The three index numbers, namely, Laspeyre, Paasche and Fisher do not satisfy______ test.
(a) Time reversal (b) Factor reversal (c) Unit (d) Circular
102. Geometric mean method used in which index number to find it out
(a)Laspeyres (b)Paasches (c) Fishers index Number (d) None
103. Which test is known for shift base index no.
(a) Factor test (b) Unit test (c) Circular test (d) Time reversal test
104. Laspeyre and Paasche do not satisfy –
(a) Unit Test (b) Factor Test (c) Time Reversal Test (d) Bowley’s Test
105. Laspeyer’s index number is based on?
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(a) Last year weight (b) Present year weight (c) Last year value (d) Present year value
106. Price relative is:

(a) (b) P (c) P0 (d)


107. Which one of the following is not appropriate for calculation of index number?
(a) Unit Test (b) Price Relative Test (c) Circular Test (d) Time Reversal Test

KEY

1 B 21 B 41 C 61 D 81 A 101 D
2 A 22 B 22 A 62 A 82 A 102 C
3 C 23 A 43 A 63 A 83 A 103 C
4 A 24 D 44 B 64 B 84 A 104 C
5 B 25 C 45 A 65 C 85 C 105 A
6 D 26 B 46 B 66 C 86 A 106 A
7 B 27 B 47 A 67 B 87 C 107 B
8 B 28 A 48 C 68 B 88 D
9 B 29 B 49 B 69 D 89 C
10 A 30 D 50 C 70 C 90 B
11 B 31 D 51 C 71 C 91 A
12 A 32 A 52 D 72 A 92 D
13 D 33 A 53 D 73 C 93 D
14 B 34 D 54 B 74 C 94 A
15 D 35 A 55 B 75 C 95 A
16 C 36 D 56 D 76 C 96 C
17 A 37 B 57 A 77 B 97 B
18 D 38 C 58 A 78 C 98 C
19 A 39 C 59 D 79 A 99 A
20 B 40 C 60 A 80 B 100 D

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