Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

Multiple choice economics partition values introduction to statistics introduction to statistical method and econometrics frequency distribution tables and graphs

The _____ stastistik, first introduced by Gottfried achenwall (1749), originally designated the data analysis of the state.

  1. Babylonian

  2. Egyptian

  3. Greek

  4. German
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The German stastistik, first introduced by Gottfried ache wall $(1749)$, originally designated the data analysis of state.

Multiple choice economics partition values introduction to statistics introduction to statistical method and econometrics frequency distribution tables and graphs

In $17^{th}$ century, which economist who used early statistical methods to analyses demographic data?

  1. Francis Galton

  2. Anders Nicolai

  3. Karl Pearson

  4. Sir William Petty
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Sir William Petty, a $17^{th}$-century economist used early statistical methods to analyse demographic data.

Multiple choice economics partition values introduction to statistics introduction to statistical method and econometrics frequency distribution tables and graphs

The _____ Empire was the first government to gather extensive data about population, area and wealth of territories that they controlled.

  1. Greece

  2. Persian

  3. Roman

  4. British
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Roman Empire was the first government to gather extensive data about population, area and wealth of territories that they controlled.

Multiple choice economics partition values introduction to statistics introduction to statistical method and econometrics frequency distribution tables and graphs

Which of the following is a data collection method?

  1. How many hours do you spend watching TV each week?

  2. How many books does our class check out of the library each week?

  3. How many pieces of candy are in the bag?

  4. What is your favorite flavor of ice cream?
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

How many books does our class check out of the library each week? is a collection of data method. Because in the library they will use the statistics method of enter the books in order to check out.
But in option $A, C$ and $D$ are habitual question we will ask to your friends.

Multiple choice economics partition values introduction to statistics introduction to statistical method and econometrics frequency distribution tables and graphs

If the population figures are given for each State of India, then the data can be classified as

  1. Qualitative

  2. Quantitatives

  3. Chronological

  4. Geographical
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

There are four important bases of classification:

(1) Qualitative Base (2) Quantitative Base (3) Geographical Base (4) Chronological or Temporal Base

(1) Qualitative Base:

When the data are classified according to some quality or attributes such as sex, religion, literacy, intelligence etc…

(2) Quantitative Base:

When the data are classified by quantitative characteristics like heights, weights, ages, income etc…

(3) Geographical Base:

When the data are classified by geographical regions or location, like states, provinces, cities, countries etc…

(4) Chronological or Temporal Base:

When the data are classified or arranged by their time of occurrence, such as years, months, weeks, days etc…


If the population figures are given for each State of India, then the data can be classified as quantitative data.