Tag: introduction to statistical method and econometrics

Questions Related to introduction to statistical method and econometrics

A double graph is useful for _____ of data

  1. observation

  2. comparison

  3. seeking

  4. none of these


Correct Option: B
Explanation:

double graph is useful for comparison

Who introduced the first book of statistics in its title "Contribution to Vital Statistics"?

  1. Gottfried Achenwall

  2. Francis G.P. Neison

  3. Sir John Sinclair

  4. Johnson


Correct Option: B
Explanation:

Francis GP Neison introduced the first book of statistics in its title 'Contribution to Vital Statistics'.

______ was used by the British mainly for administrative and governmental bodies.

  1. Mensuration

  2. Calculation

  3. Statistics

  4. Geometry


Correct Option: C
Explanation:

Statistics was used by the British mainly for administrative and governmental bodies.

Which question can be answered by writing a numeral?

  1. What is your age?

  2. What is your father's name?

  3. What is your education?

  4. What is your ambition?


Correct Option: A
Explanation:

Numeral means numeric characters have to be involved. Numeric characters are numbers ranging from 0-1 and combinations between them.

Age has to contain a number,hence it is a numeral.
Name, education and ambition contain letters that is A to z and not numerals.
Hence only age can be answered by writing a numeral.

In order to draw meaningful inferences from any data, we need to _____ the data systematically

  1. raw

  2. organise

  3. unorganise

  4. none of these


Correct Option: B
Explanation:

Organised data is needed to draw meaningful inferences.

In which year was the word statistik used by German Gottfried Achenwall?

  1. $1730$

  2. $1750$

  3. $1729$

  4. $1749$


Correct Option: D
Explanation:

The word statistik used by German Gottfried Achenwall in the years $1749$.

The _____ stastistik, first introduced by Gottfried achenwall (1749), originally designated the data analysis of the state.

  1. Babylonian

  2. Egyptian

  3. Greek

  4. German


Correct Option: D
Explanation:

The German stastistik, first introduced by Gottfried ache wall $(1749)$, originally designated the data analysis of state.

The word statistics and statistical are derived from the Latin word status, means _______ state.

  1. stable

  2. political

  3. public

  4. geographic


Correct Option: B
Explanation:

The word statistics and statistical are derived from the Latin word status, means political state.

In $17^{th}$ century, which economist who used early statistical methods to analyses demographic data?

  1. Francis Galton

  2. Anders Nicolai

  3. Karl Pearson

  4. Sir William Petty


Correct Option: D
Explanation:

Sir William Petty, a $17^{th}$-century economist used early statistical methods to analyse demographic data.

The _____ Empire was the first government to gather extensive data about population, area and wealth of territories that they controlled.

  1. Greece

  2. Persian

  3. Roman

  4. British


Correct Option: C
Explanation:

The Roman Empire was the first government to gather extensive data about population, area and wealth of territories that they controlled.