Top 150+ Solved Quantitative Methods for Economic Analysis 1 MCQ Questions Answer
Q. Which of the following is the most appropriate measure of central tendency for ordinaldata
a. coefficient of variation
b. variance
c. median
d. mean
Q. Which of the following measures of central tendency is not affected by extreme values inthe sample data set
a. mode
b. median
c. median and mode
d. mean
Q. How many elements of a data set are between the first and third quartiles
a. one half
b. one third
c. one fourth
d. three fourths
Q. Which of the following measures become larger as the data is more dispersed
a. median and range
b. mean, variance, and standard deviation
c. mean and median
d. range, variance, and standard deviation
Q. The sum of deviations about the arithmetic mean is always equal to _______
a. 1
b. 0
c. variance
d. geometric mean
Q. How is the arithmetic mean related to the variance
a. variance has the square of the mean in its formula
b. variance is not related to the mean, but standard deviation is
c. variance measures the variability of values about the mean
d. they are not relate one is a measure of central tendency, and the other is a measure of
Q. Which of the following sampling techniques will not result in a probability sample?
a. stratified
b. quota
c. random
d. systematic
Q. The standard deviation of a sampling distribution is commonly called which of thefollowing
a. sampling deviation
b. standard margin
c. standard error
d. statistical range
Q. Which of the following techniques yields a simple random sample
a. choosing volunteers from an introductory psychology class to participate
b. listing the individuals by ethnic group and choosing a proportion from within each ethnic group at random
c. numbering all the elements of a sampling frame and then using a random number table to pick cases from the table
d. randomly selecting schools, and then sampling everyone within the school
Q. People who are available, volunteer, or can be easily recruited are used in the samplingmethod called ______
a. simple random sampling
b. cluster sampling
c. systematic sampling
d. convenience sampling
Q. Which of the following types of sampling involves the researcher determining the appropriate sample sizes for the groups identified as important, and then taking conveniencesamples from those groups
a. proportional stratified sampling
b. quota sampling
c. one-stage cluster sampling
d. two-stage cluster sampling
Q. In which of the following nonrandom sampling techniques does the researcher ask theresearch participants to identify other potential research participants
a. snowball
b. convenience
c. purposive
d. quota
Q. The type of sampling in which each member of the population selected for the sample isreturned to the population before the next member is selected is called _________
a. sampling without replacement
b. sampling with replacement
c. simple random sampling
d. systematic sampling
Q. Which of the following is not a type of nonrandom sampling
a. cluster sampling
b. convenience sampling
c. quota sampling
d. purposive sampling
Q. ___________ is a set of elements taken from a larger population according to certainrules
a. sample
b. population
c. statistic
d. element