Statistical Tools & Applications MCQs
Statistical Tools & Applications MCQs
Class: CBSE Class 11
Subject: Economics
Section: Introduction to Statistics for Economics
Topic: Statistical Tools & Applications
Subject: Economics
Section: Introduction to Statistics for Economics
Topic: Statistical Tools & Applications
CBSE Board Examination – MCQ Practice
1. Which of the following is a statistical tool?
Answer: D
All are widely used statistical tools for analysis and comparison.
All are widely used statistical tools for analysis and comparison.
2. Mean is used to measure:
Answer: B
Mean represents the central or average value of data.
Mean represents the central or average value of data.
3. Graphs are used for:
Answer: A
Graphs visually present statistical data.
Graphs visually present statistical data.
4. Index numbers measure:
Answer: D
They measure relative changes over time.
They measure relative changes over time.
5. Statistical tools help in:
Answer: D
All are major applications.
All are major applications.
6. Median is a measure of:
Answer: B
Median represents the middle value.
Median represents the middle value.
7. Bar diagrams are used to:
Answer: A
They visually compare magnitudes.
They visually compare magnitudes.
8. Standard deviation measures:
Answer: B
It measures spread around mean.
It measures spread around mean.
9. Pie charts show:
Answer: A
They represent parts of a whole.
They represent parts of a whole.
10. Correlation studies:
Answer: A
It measures association between variables.
It measures association between variables.
11. Time series analysis studies:
Answer: A
It analyzes chronological data.
It analyzes chronological data.
12. Statistical tables help in:
Answer: D
They support all stages.
They support all stages.
13. Ogive curves are used to find:
Answer: A
They help locate median graphically.
They help locate median graphically.
14. Statistical tools convert data into:
Answer: D
All are outcomes of analysis.
All are outcomes of analysis.
15. Sampling is used to:
Answer: D
Sampling makes studies efficient.
Sampling makes studies efficient.
16. Regression analysis predicts:
Answer: A
Regression forecasts dependent variables.
Regression forecasts dependent variables.
17. Frequency distribution shows:
Answer: A
It displays how often values occur.
It displays how often values occur.
18. Statistical applications include:
Answer: D
Statistics is widely applied.
Statistics is widely applied.
19. Line graphs show:
Answer: A
They track movement over time.
They track movement over time.
20. Overall application of statistical tools is to:
Answer: D
All functions are integrated uses.
All functions are integrated uses.