Q. Value of b in the trend line Y = a + bX is:
✅ Correct Answer: (C)
Both positive or negative
Business Statistics MCQs and Notes
Q. The additive and multiplicative time series models are:
✅ Correct Answer: (A)
Y = T + S + C + I and Y = TSCI respectively
Q. Which of the following can’t be a component for a time series plot?
✅ Correct Answer: (D)
None of the above
Q. A complete business cycle consists of a period of:
✅ Correct Answer: (C)
Both prosperity and recession
Q. Wheat crops badly damaged on account of rains is:
✅ Correct Answer: (B)
Random movement
Q. ………….is a point of reference in comparing various data describing individual behaviour.
✅ Correct Answer: (B)
Base period
Q. While computing a weighted index, the current period quantities are used in the:
✅ Correct Answer: (B)
Paasche's method
Q. In Price Index Numbers prices can either be ?
✅ Correct Answer: (C)
Both I and II
Q. Relative Method is further divided into how many types?
✅ Correct Answer: (B)
two
Q. Fishers price index number is the -------
✅ Correct Answer: (B)
G.M. of Lasperys and Paasches.