MP Board Class 11th Economics Important Questions Unit 3 Statistical Tools and Interpretation

Here you will find NCERT MCQ Questions for Class 11 Economics with Answers PDF Free Download based on the important concepts and topics given in the textbook as per CBSE new exam pattern. This may assist you to understand and check your knowledge about the chapters. Students also can take a free test of the Multiple Choice Questions of Class 11 Economics. Each question has four options followed by the right answer. These MCQ Questions are selected supported by the newest exam pattern as announced by CBSE.


Q1. Where is correlation multiple placed:

(a) Between 0 and + 1
(b) Between – 1 and 0
(c) Between – 1 and + 1
(d) None of these.

(c) Between – 1 and + 1


Q2. Base year is:

(a) Comparison year
(b) Present year
(c) Any year
(d) One year previous to present year.

(a) Comparison year


Q3. The most common measurement of central tendency is:

(a) Median
(b) Multiple
(c) Mean
(d) Weighted mean.

(c) Mean


Q4. Division of one column in ten equal parts is called:

(a) Decile
(b) Quartile
(c) Percentile
(d) None.

(a) Decile


Q5. What is measure of central tendency?

Measure of central tendency is the single value which represents the characteristics of the entire universe.


Q6. Which is the popular measure of central tendency?

Arithmetic mean.


Q7. Define Arithmetic mean?

It is defined as the sum of the values of all observations divided by the number of observations.


Q8. Which is the mostly used measure of central tendency?

Mean


Q9. Which measure of central tendency is not affected by extreme values?

Median.


Q10. What is Percentile?

Percentile divides the series into 100 equal parts.


Q11. Where is correlation multiple placed:

(a) Between 0 and + 1
(b) Between – 1 and 0
(c) Between – 1 and + 1
(d) None of these.

(c) Between – 1 and + 1


Q12. Base year is:

(a) Comparison year
(b) Present year
(c) Any year
(d) One year previous to present year.

(a) Comparison year


Fill in the blanks:

Q13. Rule of ……………………….. is supposed to be idle for creation of index.

Fisher


Q14. Multiple is the value of column in which ……………………… comes repeatedly.

Maximum


Q15. The value which divides the column into more than two parts is called ……………………………

Division


Q16. ………………………. is the difference between maximum and minimum value.

Range


Q17. …………………………. is the simple ray that shows relation between two values.

Analogical relation


Q18. Cumulative frequency shows “less than” or “more than” of any sequence.

True


Q19. 5 is the mode of the numbers 3, 4, 3, 5, 5, 3, 2.

False


Q20. Range is found by adding highest value and smallest value.

False


Practicing NCERT Economics MCQs With Answers Pdf Class 11 is one of the best ways to prepare for the CBSE Class 11 board exam. There is no substitute for consistent practice whether one wants to understand a concept thoroughly or one wants to score better. If you have any queries regarding The CBSE Class 11 Economics MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

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