Top 250+ Solved Quantitative Techniques MCQ Questions Answer
Q. Fishers’ index number is
a. The median of Laspeyres’ and Paasches’ index
b. The arithmetic mean of Laspeyres’ and Paasches’ index
c. The geometric mean of Laspeyres and Paasches’ index
d. The harmonic mean of Laspeyres’ and Paasches’ index
Q. A component of time series used for short term forecast is
a. trend
b. seasonal
c. cyclical
d. irregular
Q. A forecast that projects company’s sale is the
a. economic forecast
b. technological forecast
c. demand forecast
d. financial forecast
Q. The sales of wool and umbrella are associated with the components of which of the timeseries
a. seculaar trend
b. seasonal variation
c. irregular vatiation
d. cyclical variation
Q. If the slope of the trend line is positive, it shows
a. rising trend
b. dclining trend
c. stagnation
d. uncontrollable
Q. Another name of consumer's price index number is:
a. Whole-sale price index number
b. Cost of living index
c. Sensitive
d. Composite
Q. Laspeyre's index = 110, Paasche's index = 108, then Fisher's Ideal index is equal to:
a. 110
b. 108
c. 100
d. 109
Q. An orderly set of data arranged in accordance with their time of occurrence is called:
a. Arithmetic series
b. Harmonic series
c. Geometric series
d. Time series
Q. Increase in the number of patients in the hospital due to heat stroke is:
a. Secular trend
b. Irregular variation
c. Seasonal variation
d. Cyclical variation
Q. In time series seasonal variations can occur within a period of:
a. Four years
b. Three years
c. Two years
d. One year
Q. In a straight line equation Y = a + bX; b is the:
a. Y-intercept
b. Slope
c. X-intercept
d. Trend
Q. In business and economics, index numbers can be classified as
a. price index numbers
b. quantity index numbers
c. value index numbers
d. All of the above
Q. __________ ignore(s) the relative importance of the commodities being measured.
a. Simple Aggregative Method
b. Weighted Aggregative Method
c. Neither methods
d. Both methods