Tag: some mathematical tools used in economics

Questions Related to some mathematical tools used in economics

________ refers to order arrangement of data in ascending or descending order.

  1. Frequency Polygon

  2. Frequency Array

  3. Class Frequency

  4. Class Interval


Correct Option: B

In ________ method, there are no chances of errors.

  1. census

  2. sample

  3. questionnaire

  4. interview


Correct Option: A

Publication of NASA is a ______publication.

  1. official

  2. private

  3. public

  4. international


Correct Option: A

The data collected by the investigator for the first time is called _______ data.

  1. primary

  2. secondary

  3. tertiary

  4. subsidiary


Correct Option: A

Fill in the blanks from the alternatives given in the brackets.
Random sampling is sampling by _________.

  1. chance

  2. choice

  3. purpose

  4. quota


Correct Option: A

Fill in the blanks from the alternatives given in the brackets.
1. Primary data is _______ data.

  1. first hand

  2. second hand

  3. processes

  4. primary


Correct Option: A

Lottery method is an example of _______ sampling.

  1. deliberate

  2. random

  3. census

  4. None of these


Correct Option: B

State whether the following statement is true or false.
Questionnaire method has no limitations.

  1. True

  2. False


Correct Option: B

State whether the following statement is true or false.
Primary data is original in nature.

  1. True

  2. False


Correct Option: A