Official Statistics-Index Numbers (ISS Statistics Paper II (New 2016 MCQ Pattern)): Questions 7 - 8 of 8

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Question number: 7

» Official Statistics » Index Numbers » Types, Need, Data Collection Mechanism, Periodicity

MCQ▾

Question

An index number is used to measure:

Choices

Choice (4) Response

a.

Changes in quantity

b.

Changes in a variable over time

c.

Changes in price

d.

Changes in demand

Question number: 8

» Official Statistics » Index Numbers » Types, Need, Data Collection Mechanism, Periodicity

MCQ▾

Question

The Laspeyres and Paasche index are examples of:

Choices

Choice (4) Response

a.

Weighted quantity index only

b.

Weighted index numbers

c.

Aggregate index numbers

d.

Weighted price index only

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