This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 751. |
There are 200 individuals with a skin disorder, 120 has been exposed to chemical C1, 50 to chemical C2 and 30 to both the chemicals C1 and C2, find the number of individuals exposed to (i) chemical C1 or chemical C2. (ii) chemical C1 but not chemical C2. (iii) chemical C2 but not chemical C1. |
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Answer» There are 200 individuals with a skin disorder, 120 has been exposed to chemical C1, 50 to chemical C2 and 30 to both the chemicals C1 and C2, find the number of individuals exposed to (i) chemical C1 or chemical C2. (ii) chemical C1 but not chemical C2. (iii) chemical C2 but not chemical C1. |
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| 752. |
An original frequency table with mean 11 and variance 9.9 was lost but the following table derived from it was found. Construct the original table. value of deviation (d)−2−1012Freuency(f)16742 |
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Answer» An original frequency table with mean 11 and variance 9.9 was lost but the following table derived from it was found. Construct the original table. value of deviation (d)−2−1012Freuency(f)16742 |
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| 753. |
From the following data, compute the coefficient of correlation between X and Y series. X seriesY SeriesNumber of items66Arithmetic mean350138Squares of deviations from mean1994 Summation of product of deviations of X and Y series from their respective arithmetic mean= 41. |
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Answer» From the following data, compute the coefficient of correlation between X and Y series. |
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| 754. |
Give the formula of calculating median in frequency distribution. |
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Answer» Give the formula of calculating median in frequency distribution. |
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| 755. |
Which of the following is incorrect? |
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Answer» Which of the following is incorrect? |
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| 756. |
Construct index number of Paasche's method: CommoditiesYear 2005Year 2005Year 2006Year 2006PriceQuantityPriceQuantityA2846B51065C414510D219213 |
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Answer» Construct index number of Paasche's method: CommoditiesYear 2005Year 2005Year 2006Year 2006PriceQuantityPriceQuantityA2846B51065C414510D219213 |
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| 757. |
The item having the highest weight in consumer price index for industrial workers in 2017 is____. |
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Answer» The item having the highest weight in consumer price index for industrial workers in 2017 is____. |
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| 758. |
In a singing competition, two judges rank the seven contestants as follows: Judge 15473126Judge 26521347 Calculate the coefficient of rank correlation. |
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Answer» In a singing competition, two judges rank the seven contestants as follows: Judge 15473126Judge 26521347 Calculate the coefficient of rank correlation. |
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| 759. |
A substance on analysis gave the following percentage composition: Na=43.4%,C=11.3% and O=45.3%. Calculate the empirical weight (Atomic weight in amu of Na=23,C=12,O=16). |
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Answer» A substance on analysis gave the following percentage composition: Na=43.4%,C=11.3% and O=45.3%. Calculate the empirical weight (Atomic weight in amu of Na=23,C=12,O=16). |
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| 760. |
Calculate the weighted aggregative index number for the following considering the base period consumption as a standard: P0Q0P1Q1A112315B610811C3947D12151920E8251318 All prices are in dollars. |
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Answer» Calculate the weighted aggregative index number for the following considering the base period consumption as a standard: P0Q0P1Q1A112315B610811C3947D12151920E8251318 All prices are in dollars. |
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| 761. |
Two ladies were asked to rank ten different types of cell phones. The ranks given by them are given below : Cell PhoneA BCDEFGHIJTina16395271084Rita68372159410 Calculate Spearman's rank correlation coefficient. |
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Answer» Two ladies were asked to rank ten different types of cell phones. The ranks given by them are given below : Cell PhoneA BCDEFGHIJTina16395271084Rita68372159410 Calculate Spearman's rank correlation coefficient. |
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| 762. |
What are the factors does reliability of sampling data depend on? |
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Answer» What are the factors does reliability of sampling data depend on? |
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| 763. |
'Use of open-end classes should be encouraged'. Comment. |
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Answer» 'Use of open-end classes should be encouraged'. Comment. |
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| 764. |
Suppose the wage of an industrial worker follows a path given by S =x2 and inflation rate during the same time is given by I=ex where x is the time in months. What can you say about his standard of living provided all other factors remain constant? Give reasons behind your observations. |
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Answer» Suppose the wage of an industrial worker follows a path given by S =x2 and inflation rate during the same time is given by I=ex where x is the time in months. What can you say about his standard of living provided all other factors remain constant? Give reasons behind your observations. |
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| 765. |
Which one of these is unaffected by outliers? a. Mean b. Inter-quartile Range c. Standard Deviation d. Range |
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Answer» Which one of these is unaffected by outliers? a. Mean b. Inter-quartile Range c. Standard Deviation d. Range |
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| 766. |
In the following table is given, the number of companies belonging to two areas A and B according to the amounts of profits earned by them. Draw their Lorenz curve. Profits Earned (Rs in 000)Area AArea B662251138601352841428105153815017261701012400144 |
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Answer» In the following table is given, the number of companies belonging to two areas A and B according to the amounts of profits earned by them. Draw their Lorenz curve. Profits Earned (Rs in 000)Area AArea B662251138601352841428105153815017261701012400144 |
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| 767. |
Calculate coefficient of variation of the following series: S.No.12345678910Marks53582530544232484652 |
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Answer» Calculate coefficient of variation of the following series: |
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| 768. |
Scarcity definition is based on following fundamental characteristics of human existence, which gives rise to ___ problems. |
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Answer» Scarcity definition is based on following fundamental characteristics of human existence, which gives rise to |
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| 769. |
Define index number. |
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Answer» Define index number. |
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| 770. |
Arjun has calculated the Spearman's rank coefficient for 6 students based on their scores in economics and mathematics to be 0.69. Three students had the same score in economics and 2 students had the same score in Mathematics. Arjun forgot to add the correction factor in his calculations. What will be the corrected Rank coefficient? |
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Answer» Arjun has calculated the Spearman's rank coefficient for 6 students based on their scores in economics and mathematics to be 0.69. Three students had the same score in economics and 2 students had the same score in Mathematics. Arjun forgot to add the correction factor in his calculations. What will be the corrected Rank coefficient? |
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| 771. |
The weighted aggregative index number for the following table is given as 166.31 considering Paasche’s method. Find the approx.value of m. CommodityBase PeriodCurrent PeriodPrice (P0) (In dollars)Quantity (Q0)Price (P1) (In dollars)Quantity (Q1)H17325I10.510711Jm8412K7251430L15132218 |
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Answer» The weighted aggregative index number for the following table is given as 166.31 considering Paasche’s method. Find the approx.value of m. CommodityBase PeriodCurrent PeriodPrice (P0) (In dollars)Quantity (Q0)Price (P1) (In dollars)Quantity (Q1)H17325I10.510711Jm8412K7251430L15132218 |
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| 772. |
What is meant by inferential statistics? |
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Answer» What is meant by inferential statistics? |
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| 773. |
If the mean and variance of the observations x1, x2, x3, ⋯, xn are ¯x and σ2 respectively and a be a nonzero real number, then show that the mean and variance of ax1, ax2, ax3, ⋯. axn are ¯ax and a2 σ2 respectively. |
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Answer» If the mean and variance of the observations x1, x2, x3, ⋯, xn are ¯x and σ2 respectively and a be a nonzero real number, then show that the mean and variance of ax1, ax2, ax3, ⋯. axn are ¯ax and a2 σ2 respectively. |
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| 774. |
If x represents the encouragement points given to a punctual student and y represents the points given for irregularity of a student, then find how many points are fixed for each, if x and y are connected by the relation, (1+i)x−2i3+i+(2−3i)y+i3−i=i? Students getting y point are lacking which value system ? |
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Answer» If x represents the encouragement points given to a punctual student and y represents the points given for irregularity of a student, then find how many points are fixed for each, if x and y are connected by the relation, (1+i)x−2i3+i+(2−3i)y+i3−i=i? Students getting y point are lacking which value system ? |
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| 775. |
Explain the 'exclusive' and 'inclusive' methods used in classification of data. |
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Answer» Explain the 'exclusive' and 'inclusive' methods used in classification of data. |
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| 776. |
'Statistics are figures, but all figures are not statistics'. Justify the statement. |
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Answer» 'Statistics are figures, but all figures are not statistics'. Justify the statement. |
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| 777. |
A bag contains 30 white balls and 10 red balls. 16 are drawn one by one randomly from the bag with replacement. If X be the number of white balls drawn, then (mean of Xstandard deviation of X) is equal to : |
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Answer» A bag contains 30 white balls and 10 red balls. 16 are drawn one by one randomly from the bag with replacement. If X be the number of white balls drawn, then (mean of Xstandard deviation of X) is equal to : |
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| 778. |
What is the principal drawback of mean deviation as a measure of dispersion? |
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Answer» What is the principal drawback of mean deviation as a measure of dispersion? |
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| 779. |
Find the mean, variance and standard deviation for the following data using short cut method: xi606162636465666768f121122925121045 |
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Answer» Find the mean, variance and standard deviation for the following data using short cut method: xi606162636465666768f121122925121045 |
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| 780. |
The relative importance of the items is accounted for in___. |
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Answer» The relative importance of the items is accounted for in |
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| 781. |
The marks of some students were listed from total marks of 75. The standard deviation of marks was found to be 9. Subsequently, the marks were raised to a maximum of 100, and variance of new marks was calculated. The new variance is |
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Answer» The marks of some students were listed from total marks of 75. The standard deviation of marks was found to be 9. Subsequently, the marks were raised to a maximum of 100, and variance of new marks was calculated. The new variance is |
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| 782. |
What is a class interval? How are the magnitude of the class interval and class limits determined? |
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Answer» What is a class interval? How are the magnitude of the class interval and class limits determined? |
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| 783. |
Find the mean deviation about the mean for the data in Exercises 9 to 10 Income per day 0−100 100−200 200−300 300−400 400−500 500−600 600−700 700−800 Number of persons 4 8 9 10 7 5 4 3 |
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Answer» Find the mean deviation about the mean for the data in Exercises 9 to 10 Income per day 0−100 100−200 200−300 300−400 400−500 500−600 600−700 700−800 Number of persons 4 8 9 10 7 5 4 3 |
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| 784. |
Define Marginal Physical Product. |
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Answer» Define Marginal Physical Product. |
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| 785. |
Which of the following is the correct formula for the correlation coefficient, r? |
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Answer» Which of the following is the correct formula for the correlation coefficient, r? |
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| 786. |
What do you mean by 'montonic preferences'? |
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Answer» What do you mean by 'montonic preferences'? |
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| 787. |
Which of the following is a contingent function of money? |
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Answer» Which of the following is a contingent function of money? |
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| 788. |
Calculate weighted index number for 2010 by weighted aggregative method and weighted average of relative method for the following data: ItemsWeightsPrices in 2011Prices in 2012A10100161B7200210C155060D92030E101014 |
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Answer» Calculate weighted index number for 2010 by weighted aggregative method and weighted average of relative method for the following data: ItemsWeightsPrices in 2011Prices in 2012A10100161B7200210C155060D92030E101014 |
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| 789. |
In a city, 45 families were surveyed for the number of domestic appliances they used. Prepare a frequency array based on their replies as recorded below. 132222121223333332322616215153242742434203143 |
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Answer» In a city, 45 families were surveyed for the number of domestic appliances they used. Prepare a frequency array based on their replies as recorded below. 132222121223333332322616215153242742434203143 |
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| 790. |
What are the limitations of Diagrammatic Presentation? |
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Answer» What are the limitations of Diagrammatic Presentation? |
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| 791. |
Which measure of dispersion is the best and how? |
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Answer» Which measure of dispersion is the best and how? |
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| 792. |
A system undergoes a process in which system releases 200 J heat and workdone by the surroundings is 300 J. Change in internal energy of the system is |
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Answer» A system undergoes a process in which system releases 200 J heat and workdone by the surroundings is 300 J. Change in internal energy of the system is |
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| 793. |
The mean and variance of the heights and weights of the students of a class are given below. HeightWeightMean160 cm50.4 kgVariance116.64 cm217.64 kg2 Show that the weights are more variable than heights. |
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Answer» The mean and variance of the heights and weights of the students of a class are given below. HeightWeightMean160 cm50.4 kgVariance116.64 cm217.64 kg2 Show that the weights are more variable than heights. |
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| 794. |
Convert 4825 to decimal form. |
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Answer» Convert 4825 to decimal form. |
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| 795. |
Comment upon the degree of elasticity of demand for Good X, in the following given situations, if the price of the commodity rises from Rs. 5 per unit ot Rs. 7 per unit and the quantity demanded falls from 20 units to 16 units: (i) Using the total household expenditure method, (ii) Using proportionate method. |
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Answer» Comment upon the degree of elasticity of demand for Good X, in the following given situations, if the price of the commodity rises from Rs. 5 per unit ot Rs. 7 per unit and the quantity demanded falls from 20 units to 16 units: |
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| 796. |
Explain any two advantages and disadvantages of textual presentation. |
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Answer» Explain any two advantages and disadvantages of textual presentation. |
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| 797. |
Explain the concept of 'Marginal Rate of Substitution' with the help of a numerical example. Describe its behaviour along an indifference curve. |
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Answer» Explain the concept of 'Marginal Rate of Substitution' with the help of a numerical example. Describe its behaviour along an indifference curve. |
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| 798. |
A cumulative graph showing percentage of income on the vertical axis and the percentage of households in the horizontal axis is called ___ curve. |
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Answer» A cumulative graph showing percentage of income on the vertical axis and the percentage of households in the horizontal axis is called |
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| 799. |
On which axis, dependent variables are represented? |
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Answer»
On which axis, dependent variables are represented? |
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| 800. |
In the following question, there is a blank in each sentence. Four alternatives are suggested for each blank. Choose the correct one. This is ………...best part of the story. |
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Answer» In the following question, there is a blank in each sentence. Four alternatives are suggested for each blank. Choose the correct one. |
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