Question 1

----- is the easiest of all the methods for measuring trend
A)Freehand curve
B)Method of semi average
C)Method of least squres
D)Method of moving curve

Accepted Answer

The Freehand curve method is considered the easiest method for measuring trend because it involves simply plotting the data on a graph and then drawing a curve that best fits the data points by eye, without the need for complex calculations.

Question 2

---- is a set of values arranged in chronological order
A)Time series
B)Index number
C)Both
D)None

Accepted Answer

A time series is a sequence of data points, typically consisting of successive measurements made over a time interval. These values are arranged in chronological order, making option A the correct choice.

Question 3

Cyclic variation Occur at intervals of more than ---- year
A)1
B)2
C)3
D)4

Accepted Answer

The answer of Cyclic variation Occur at intervals of more...

Question 4

Moments are used to find a measure of
A)Central tendency
B)Dispersion
C)Skewness
D)All these

Accepted Answer

Moments are statistical measures used to describe various aspects of a distribution, including central tendency (mean), dispersion (variance), and shape characteristics like skewness.

Quiz 2: Measures of Dispersion, Skewness, and Index Numbers

----- is the easiest of all the methods for measuring trend

---- is a set of values arranged in chronological order

Cyclic variation Occur at intervals of more than ---- year

Moments are used to find a measure of