Top 150+ Solved Quantitative Methods for Economic Analysis 1 MCQ Questions Answer
Q. Questionnaires can address events and characteristics taking place ______
a. in the past (retrospective questions)
b. in the present (current time questions)
c. in the future (prospective questions)
d. all of the above
Q. Which of the following terms best describes data that were originally collected at anearlier time by a different person for a different purpose
a. primary data
b. secondary data
c. experimental data
d. field notes
Q. Which of the following is true concerning observation method of data collection
a. it takes less time than self-report approaches
b. it costs less money than self-report approaches
c. it is often not possible to determine exactly why the people behave as they do
d. all of the above
Q. Correlation refers to
a. the causal relationship between two variables
b. the association between two variables
c. the proportion of variance that two variables share
d. a statistical method that can only be used with a correlational research design
Q. If two variables are highly correlated, what do you know
a. that they always go together
b. that high values on one variable lead to high values on the other variable
c. that there are no other variables responsible for the relationship
d. that changes in one variable are accompanied by predictable changes in the other
Q. A researcher finds a correlation of 0.40 between personal income and the number ofyears of college completed. Based upon this finding he can conclude that
a. a person who attended four years of college will have an annual income of rs. 40,000
b. more years of education causes higher income
c. personal income is a positively skewed variable
d. more years of education are associated with higher income
Q. Which of the following would not allow you to calculate a correlation?
a. a negative relationship between x and y
b. a positive relationship between x and y
c. a curvilinear relationship between x and y
d. a linear relationship between x and y
Q. Correlation relates the relative position of a score in one distribution to
a. the relative position of a score in another distribution
b. the mean of the z-scores from another distribution
c. the total variance of all scores in both distributions
d. the standard deviation of the z-scores for both distributions
Q. If a positive correlation exists between height and weight, a person with above averageheight is expected to have above average weight
a. true
b. false
c. insufficient information to draw a conclusion
d. all of the above
Q. Regression analysis:
a. measures the demand for a good
b. measures growth
c. establishes cause and effect
d. establishes a relationship between two variables
Q. In the equation of a straight line, Y = mX + c the term, m is the:
a. independent variable
b. intercept
c. dependent variable
d. slope
Q. In the equation of a straight line, Y = mX + c , if c is equal to zero then:
a. the line of best fit passes through the origin
b. the line of best fit cuts the x axis to the right of the y axis
c. does not cross the x axis
d. the line of best fit cuts the x axis to the left of the y axis
Q. In the equation of a straight line, Y = mX + c , if m is equal to zero then when:
a. x increases y decreases
b. y increases x increases
c. x increases y increases
d. x increases y remains constant
Q. If the Pearson correlation co-efficient R is equal to 1 then:
a. there is a perfect positive relationship between the two variables
b. there is a positive relationship between the two variables
c. there is no relationship between the two variables
d. there is a negative relationship between the two variables
Q. The mathematical notation R2is for:
a. the co-efficient of determination
b. the co-efficient of variation
c. spearman’s co-efficient of rank correlation
d. pearson’s co-efficient of correlation