Introduction to Statistics

1. Which of the following is NOT an economic activity

• Production of books

• Donation of blood

• Investment in stocks

• Consumption of Ice creams

2. How does statistics help in economic planning?

• helps to make best use of national resources

• helps compare development of various countries

• All of these

• None of these

Tags

CCSS.HSS.ID.A.2

CCSS.HSS.MD.B.5

Which of the following is an example of qualitative data

• number of vegetarian students

• everyday temperature

• number of illiterate people in India

• appreciation of art

Tags

CCSS.HSS.ID.B.5

"Statistics does not help in comparison of data of different regions"

• True

• False

Tags

CCSS.HSS.ID.A.2

CCSS.HSS.ID.A.3

Statistics can help to predict the future growth of an economy.

• True

• False

Tags

CCSS.HSS.IC.A.1

CCSS.HSS.IC.B.3

CCSS.HSS.IC.B.4

Statistics is of no use to government in policy formulation

• True

• False

Tags

CCSS.HSS.IC.A.1

CCSS.HSS.IC.B.3

CCSS.HSS.IC.B.4

CCSS.HSS.ID.A.2

CCSS.HSS.ID.A.3

CCSS.HSS.IC.B.5

Descriptive statistics involves estimation and hypothesis testing

• True

• False

Tags

CCSS.HSS.IC.A.1

CCSS.HSS.IC.B.3

CCSS.HSS.IC.B.4

CCSS.HSS.ID.A.4

The purpose of descriptive statistics is to

• make decision

• make estimation

• describe data

• make hypothesis testing

Tags

CCSS.HSS.ID.A.2

CCSS.HSS.ID.A.3

CCSS.HSS.ID.A.1

Parameter is use for

• statistics

• population

• sample

• measurement

Tags

CCSS.HSS.IC.A.1

CCSS.HSS.IC.B.3

CCSS.HSS.IC.B.4

CCSS.HSS.ID.A.4

Types of Statistics are:

• marketing and accounting

• descriptive and inferential statistic

• primary and secondary

• quantitative and qualitative