ISS (Statistical Services) Statistics Paper III: Questions 25  32 of 109
Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 109 questions. Access all new questions we will add tracking exampattern and syllabus changes. View Sample Explanation or View Features.
Rs. 300.00 or
How to register?
Question number: 25
» Sampling Techniques » Cluster Sampling with SRS  IntraClass Correlation Coefficient
Appeared in Year: 2009
Write in Short
Explain cluster sampling.
Question number: 26
» Applied Statistics » Time Series Analysis » Economic Time Series & Components
Appeared in Year: 2009
Write in Short
Describe the Yule Slutsky effect of moving average operation on the random component of a time series.
Question number: 27
» Sampling Techniques » TwoStage Sampling with Equal Number of Second Stage Units
Appeared in Year: 2009
Describe in Detail
Distinguish between twostage and twophase sampling schemes. Give suitable examples.
Explanation
Two Stage Sampling:
All elements are surveyed in cluster sampling and efficiency in cluster sampling depends on size of the cluster. As the size increases, the efficiency decreases.
Rather than enumerating all the sampling units in the selected clusters, one can get better and more efficient estimators by resorting to sub sampling within the clu
… (262 more words) …
Question number: 28
» Econometrics » AutoCorrelation
Appeared in Year: 2009
Describe in Detail
Define multicollinearity. What are the causes of multicollinearity? How will you detect the same and solve it?
Explanation
Multicollinearity: Implies predictors that are correlated with other predictors in the model. Here two or more predictor variables in a multiple regression model are highly correlated and implies that one can be linearly predicted from the others with a substantial degree of accuracy.
Causes of multicollinearity:

Inaccurate use of dummy varia
… (304 more words) …
Question number: 29
» Sampling Techniques » Concepts in Sampling
Appeared in Year: 2010
Describe in Detail
What precautions would you take in planning for a sample survey?
Explanation
Precautions to be taken for planning sample survey:

Objectives of the survey: The first step is to define clearly the objective of the survey. The objective should be kept easy so that the people working for the survey easily understand it. The hypothesis being tested and the outcomes that will be used to study the hypothesis should be clear.
… (652 more words) …
Question number: 30
» Econometrics » Autoregressive Linear Regression
Appeared in Year: 2011
Describe in Detail
Discuss second order autoregressive series. For this series, obtain complementary function (CF) only.
Explanation
Second order autoregressive series:
Sometimes, the values of a time series data are highly correlated with the values that precede and succeed them. i. e. , The value of a time series at any time “t” may depend upon its own value at times t1, t2, …, tk, the relationship being linear.
In such cases an autoregression model is used for forecast
… (124 more words) …
Question number: 31
» Sampling Techniques » Simple Random Sampling and Systematic Sampling
Appeared in Year: 2010
Write in Short
A hypothetical population has the population units in linear trend given by = a (i = 1,2, … N).
Show that: V (
V ( where N = nk
V (
Hence, deduce that
Question number: 32
» Applied Statistics » Index Numbers » Price Relatives and Quantity or Volume Relatives
Appeared in Year: 2011
Write in Short
For the following table:
Commodity
A  B  
 1  1 
 10  5 
 2  x 
 5  2 
Where p and q stand for price and quantity for 0 and 1 time periods respectively. Find the value of X if the ratio between Laspeyre’s (L) and Paasche’s (P) index number is L: P: : 28: 27