Q. A time series is unable to adjust the influences like
✅ Correct Answer: (A)
Customs and policy changes
Basic Numerical Skills MCQs and Notes
Q. Moving average method of fitting trend in a time series data removes the effect of
✅ Correct Answer: (B)
Short term movements
Q. Lorenz curve is used to study
✅ Correct Answer: (D)
Dispersion
Q. For a normal distribution, Q3 + Q1 – 2 Median = …………
✅ Correct Answer: (D)
0
Q. Consumer price Index number is constructed for
✅ Correct Answer: (A)
A well defined section of people
Q. …………… Index number is called ideal Index number
✅ Correct Answer: (D)
Fisher’s
Q. The graphical representation of a cumulative frequency distribution is called
✅ Correct Answer: (B)
Ogive