Notes

NET / SET Online Practice Exams Statistics and Econometrics Test Multi-choice 6 Question 1. If the data is qualitative, which of the following averages can be calculated? Answers Option 1 A.M Option 2 G.M Option 3 Median Option 4 Mode Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Read more

NET / SET Online Practice Exams Statistics and Econometrics Test Multi-choice 5 Question 1.  Which of the following statements is incorrect? Answers Option 1  Algebraic sum of deviations from arithmetic mean is equal to zero Option 2 For a symmetrical distribution, mean = mode Option 3 For dealing with qualitative data, Read more

NET / SET Online Practice Exams Statistics and Econometrics Test Multi-choice 4 Question 1.  Which of the following is not a mathematical average? Answers Option 1 A.M Option 2 Median Option 3 Weighted A.M Option 4 Mode Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option Read more

NET / SET Online Practice Exams Statistics and Econometrics Test Multi-choice 3 Question 1. In a series of 25 observations, Z (x – 7) = – 8. Then, mean is equal to- Answers Option 1 8 Option 2 6.68 Option 3 7.68 Option 4 7 Feedback Wrong choice Correct option Read more

NET / SET Online Practice Exams Statistics and Econometrics Test Multi-choice 2 Question 1. Government budget (specially revenue from various sources) can be best represented by Answers Option 1 Histogram Option 2 Rectangular diagram Option 3 Circle diagram Option 4 Pie diagram Feedback Wrong choice Incorrect selection Wrong choice Correct Read more