Meaning, scope, functions and importance of statistics

1.

Multiple Choice

30 sec

1 pt

The word Statistics was used first in ------

1749

1851

1849

1790

2.

Multiple Choice

30 sec

1 pt

The Statistics is concerned with :

aggregate of numerical facts

aggregate of disorganised facts

aggregate of qualitative facts

aggregate of heterogeneous facts

3.

Multiple Choice

30 sec

1 pt

Statistics is used by

Government

Businessmen

Economists

All the above

4.

Multiple Choice

30 sec

1 pt

The term 'Statistics' was first used by

Gottfried Achenwall

Paul A. Samuelson

Lord Robbins

J.B.Say

5.

Multiple Choice

30 sec

1 pt

Statistics in plural sense deals wilh

methods of collection of data

Methods of presentation of data

Numerical information

Both (a) and (b)

6.

Multiple Choice

30 sec

1 pt

Basic economic activities

Production

Consumption

Distribution

all of these

7.

Multiple Choice

30 sec

1 pt

In plural sense, which is not a characterstic of statistics?

aggregate of data

only expressed in words

affected by multiplicity of causes

collected in a systematic manner

8.

Multiple Choice

30 sec

1 pt

Which of the following statements is incorrect?

Resources have alternative uses

all numbers are statistics

Macroeconomics studies large aggregates

statistics studies only the aggregates of quantitative facts

9.

Multiple Choice

30 sec

1 pt

According to -----, "Economics is the science of wealth"

Adam Smith

Alfred Marshall

Prof. Samuelson

lionel Robbins

10.

Multiple Choice

30 sec

1 pt

Welfare definition of Economics has been given by:

Lionel Robbins

Adam Smith

Alfred Marshall

Prof. Samuelson

11.

Multiple Choice

30 sec

1 pt

Who expressed the View that "Economics is neutral between ends"?

Robbins

Marshall

Pigou

Adam Smith

12.

Multiple Choice

30 sec

1 pt

Statistics as a singular noun means :

Statistical data

Statistical methods

Inductive statistics

Descriptive statistics

13.

Multiple Choice

30 sec

1 pt

Distrust of Statistics is due to :

Misuse of statistics

Insufficient statistical methods

Scope of statistics is limited

Limitations of statistics

14.

Multiple Choice

30 sec

1 pt

Which of the following is not the limitations of statistics :

Statistics can be Misused

Statistics does not deal with individual

statistics can study of market structures

Statistical laws are not exact

15.

Multiple Choice

30 sec

1 pt

The nature of statistics is:

Science

Art

both (a) and (b)

none of them

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