Applied Statistics (ISS (Statistical Services) Statistics Paper III): Questions 20 - 25 of 45
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Question number: 20
» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves
Appeared in Year: 2011
Describe in Detail
Explain the formulation of the problem of distribution of income. Further discuss its Mathematical formulation in order to find number of persons with income x or more.
Explanation
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Question number: 21
» Applied Statistics » Time Series Analysis » Exploratory Time Series Analysis
Appeared in Year: 2011
Describe in Detail
Give the various steps for finding the variance of the random component using variate difference method. Is F-test used for testing the significance of homogeneity of two successive estimates of variance? If yes, ok, otherwise which ’test can be used? Discuss.
Explanation
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Question number: 22
» Applied Statistics » Index Numbers » Price Relatives and Quantity or Volume Relatives
Appeared in Year: 2010
Write in Short
What are the three tests of index numbers? Verify whether the following index number satisfies any of these tests:
I=
Where L = Lasperaye’s Price Index Number
P = Paasche’s Price Index Number.
Question number: 23
» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves
Appeared in Year: 2013
Describe in Detail
Explaining Pareto’s law of income distribution, show that the elasticity decreases in the number of persons while passing to a higher income class.
Explanation
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Question number: 24
» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves
Appeared in Year: 2013
Describe in Detail
Discuss Engel’s curve. Explain the Engel’s curve for constant price of a demand functionwhere is national income and p is price.
Explanation
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Question number: 25
» Applied Statistics » Time Series Analysis » Determination of Trend, Seasonal and Cyclical Fluctuations
Appeared in Year: 2012
Describe in Detail
What are the different methods for measurement of trend? Discuss the method of fitting a straight line using least squares method.
Explanation
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