Notes Statistics and Econometrics-Online Practice Exam 1 November 30, 2023 April 20, 2024 NET / SET Online Practice Exams Statistics and Econometrics Test Multi-choice 1 Question 1. The algebraic sum of deviations from mean is Answers Option 1 Zero Option 2 Maximum Option 3 Minimum Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. The sum of squares of deviations from mean is Answers Option 1 Minimum Option 2 Maximum Option 3 Zero Option 4 None of the above Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. An additional observation of 15 is included in a series of 11 observations and its mean remains unaffected. The mean of the series is- Answers Option 1 15 Option 2 16 Option 3 11 Option 4 6 Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. The median of a series is 10. Two additional observations, of 5 and 20, are added to the series. The median of the new series will- Answers Option 1 20 Option 2 11 Option 3 18 Option 4 10 Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. In a batch of 13 students 4 have failed. The marks of the successful candidates were 41, 57, 38, 61, 36, 35, 71, 50 and 40. Find the median marks Answers Option 1 37 Option 2 38 Option 3 63 Option 4 54 Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. From the information given below choose the correct answer- Factor A Factor B Mean daily wage ₹120 ₹80 No of workers 80 120 Answers Option 1 Both factories pays equal amount as daily Option 2 Factory B pays larger amount as daily wages Option 3 Factory A pays larger amount as daily wages Option 4 It cannot be determined Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. The arithmetic of 9 observations is 100 and that of 6 is 80, the combined mean of all the 3 observations will be Answers Option 1 102 Option 2 49 Option 3 80 Option 4 92 Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 8. . The arithmetic mean of the first N natural numbers is Answers Option 1 Option 2 Option 3 Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 9. For a symmetrical distribution, Q1, and Q3, are 20 and 40 respectively. The value of 50th percentile Answers Option 1 30 Option 2 40 Option 3 35 Option 4 20 Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Pie-diagrams are Answers Option 1 One dimensional diagram Option 2 Two dimensional diagrams Option 3 Three dimensional diagrams Option 4 Multi-dimensional diagrams Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.info Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName* Email* Website Save my name, email, and site URL in my browser for next time I post a comment. PreviousNET / SET Online Coaching on Statistics-and-Econometrics NextStatistics and Econometrics-Online Practice Exam 2
Multi-choice 1 Question 1. The algebraic sum of deviations from mean is Answers Option 1 Zero Option 2 Maximum Option 3 Minimum Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. The sum of squares of deviations from mean is Answers Option 1 Minimum Option 2 Maximum Option 3 Zero Option 4 None of the above Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. An additional observation of 15 is included in a series of 11 observations and its mean remains unaffected. The mean of the series is- Answers Option 1 15 Option 2 16 Option 3 11 Option 4 6 Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. The median of a series is 10. Two additional observations, of 5 and 20, are added to the series. The median of the new series will- Answers Option 1 20 Option 2 11 Option 3 18 Option 4 10 Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. In a batch of 13 students 4 have failed. The marks of the successful candidates were 41, 57, 38, 61, 36, 35, 71, 50 and 40. Find the median marks Answers Option 1 37 Option 2 38 Option 3 63 Option 4 54 Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. From the information given below choose the correct answer- Factor A Factor B Mean daily wage ₹120 ₹80 No of workers 80 120 Answers Option 1 Both factories pays equal amount as daily Option 2 Factory B pays larger amount as daily wages Option 3 Factory A pays larger amount as daily wages Option 4 It cannot be determined Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. The arithmetic of 9 observations is 100 and that of 6 is 80, the combined mean of all the 3 observations will be Answers Option 1 102 Option 2 49 Option 3 80 Option 4 92 Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 8. . The arithmetic mean of the first N natural numbers is Answers Option 1 Option 2 Option 3 Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 9. For a symmetrical distribution, Q1, and Q3, are 20 and 40 respectively. The value of 50th percentile Answers Option 1 30 Option 2 40 Option 3 35 Option 4 20 Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Pie-diagrams are Answers Option 1 One dimensional diagram Option 2 Two dimensional diagrams Option 3 Three dimensional diagrams Option 4 Multi-dimensional diagrams Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.info Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook
Multi-choice 1 Question 1. The algebraic sum of deviations from mean is Answers Option 1 Zero Option 2 Maximum Option 3 Minimum Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. The sum of squares of deviations from mean is Answers Option 1 Minimum Option 2 Maximum Option 3 Zero Option 4 None of the above Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. An additional observation of 15 is included in a series of 11 observations and its mean remains unaffected. The mean of the series is- Answers Option 1 15 Option 2 16 Option 3 11 Option 4 6 Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. The median of a series is 10. Two additional observations, of 5 and 20, are added to the series. The median of the new series will- Answers Option 1 20 Option 2 11 Option 3 18 Option 4 10 Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. In a batch of 13 students 4 have failed. The marks of the successful candidates were 41, 57, 38, 61, 36, 35, 71, 50 and 40. Find the median marks Answers Option 1 37 Option 2 38 Option 3 63 Option 4 54 Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. From the information given below choose the correct answer- Factor A Factor B Mean daily wage ₹120 ₹80 No of workers 80 120 Answers Option 1 Both factories pays equal amount as daily Option 2 Factory B pays larger amount as daily wages Option 3 Factory A pays larger amount as daily wages Option 4 It cannot be determined Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. The arithmetic of 9 observations is 100 and that of 6 is 80, the combined mean of all the 3 observations will be Answers Option 1 102 Option 2 49 Option 3 80 Option 4 92 Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 8. . The arithmetic mean of the first N natural numbers is Answers Option 1 Option 2 Option 3 Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 9. For a symmetrical distribution, Q1, and Q3, are 20 and 40 respectively. The value of 50th percentile Answers Option 1 30 Option 2 40 Option 3 35 Option 4 20 Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Pie-diagrams are Answers Option 1 One dimensional diagram Option 2 Two dimensional diagrams Option 3 Three dimensional diagrams Option 4 Multi-dimensional diagrams Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.info Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook