Tag: economics

Questions Related to economics

Matrix is a singular while matrices is a plural form.

  1. True

  2. False


Correct Option: A

Mathematical Economics is the integration of _________________.

  1. Graphs and Economics

  2. Mathematics and Economics

  3. Economics and Equations

  4. Economics and Statistics


Correct Option: B
Explanation:

Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. By convention, these applied methods are beyond simple geometry, such as differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, and other computational methods.

While evaluating CA CPT papers an examiner has escaped the marks of one of the student while calculating the result summary of his class. However he knew that the average marks of the class was $72\%$ and the marks of the remaining students were $56, 85, 78, 70, 75, 48, 65, 85$ and $75$. The marks of the student were __________.

  1. $83$

  2. $82$

  3. $79$

  4. $81$


Correct Option: A

What is the class mark of the class interval $(50-60)$?

  1. $50$

  2. $55$

  3. $60$

  4. $62.5$


Correct Option: B

A statement of relationship between two quantities is called a/an ____________.

  1. formula

  2. relationship

  3. equation

  4. sum


Correct Option: C

Find the value of K if $\sqrt{9^4}X\sqrt{3^5}=3k$.

  1. $2/13$

  2. $13/2$

  3. $1/13$

  4. $4/5$


Correct Option: B

From the following details calculate Fisher Ideal index

  1. 88

  2. 90

  3. 92

  4. 93


Correct Option: B

Find the co-efficient of mean deviation from Median from the following data.Median deviation =4.2,Median =21

  1. 0.3

  2. 0.20

  3. 0.25

  4. 0.22


Correct Option: B

If x(x-2) = 5 then (x - 5/x) is =

  1. -1

  2. 0

  3. 1

  4. 2


Correct Option: B

$Log4^{64}$is equal to

  1. 2

  2. 3

  3. 4

  4. 5


Correct Option: B