The Application of Statistical Tools in Economics is one of the most practical topics in CBSE Class 11 Economics (Part A: Statistics for Economics). Understanding how tools such as averages, measures of dispersion, correlation, and index numbers are applied in real-life economic situations helps students connect theory with practice. These tools assist economists and policymakers in analysing income distribution, price trends, production levels, and overall economic performance.
This online MCQ quiz on Application of Averages, Dispersion, Correlation, and Index Numbers in Real-Life Economic Issues has been created strictly as per the NCERT syllabus, making it ideal for CBSE Class 11 board exam preparation. It features 60 multiple-choice questions that test conceptual understanding, analytical ability, and real-world application of statistical tools.
With a 60-minute timer, automatic scoring, and per-question feedback, this interactive quiz helps students evaluate their grasp of core statistical methods. Strengthen your understanding of applied economics and prepare effectively for exams with this NCERT-based online practice test.