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CBSE
Class 11
Economics
Statistics for Economics
Use of Statistical Tools
Question Bank

Question Bank - Use of Statistical Tools

Practice Hub

Question Bank: Use of Statistical Tools

This chapter focuses on how to use statistical tools for analyzing economic problems and developing projects. Understanding these techniques is crucial for effective data analysis in various fields.

Structured practice

Question Bank - Use of Statistical Tools

Q1.

What is the primary purpose of using statistical tools in economics?

Single Answer MCQ
Q-00063133
View explanation
Q2.

Which step is crucial when designing a statistical project?

Single Answer MCQ
Q-00063134
View explanation
Q3.

In data collection, what is a primary method?

Single Answer MCQ
Q-00063135
View explanation
Q4.

What type of data is collected through surveys or questionnaires?

Single Answer MCQ
Q-00063136
View explanation
Q5.

Why is targeting a specific group important in project design?

Single Answer MCQ
Q-00063137
View explanation
Q6.

Which of the following helps in visually presenting collected data?

Single Answer MCQ
Q-00063138
View explanation
Q7.

If a study requires quickly available information, what type of data should be used?

Single Answer MCQ
Q-00063139
View explanation
Q8.

What is the first step in the process of a statistical project?

Single Answer MCQ
Q-00063140
View explanation
Q9.

Which statistical tool is commonly used for tabulating data?

Single Answer MCQ
Q-00063141
View explanation
Q10.

What does the collection of secondary data often rely on?

Single Answer MCQ
Q-00063142
View explanation
Q11.

Why is sampling important in data collection?

Single Answer MCQ
Q-00063143
View explanation
Q12.

If a project focuses on consumer complaints about a product, who should be chosen as the target group?

Single Answer MCQ
Q-00063144
View explanation
Q13.

What is the role of tabulation in data analysis?

Single Answer MCQ
Q-00063145
View explanation
Q14.

What is a disadvantage of using only primary data?

Single Answer MCQ
Q-00063146
View explanation
Q15.

What is a key consideration when designing a questionnaire for data collection?

Single Answer MCQ
Q-00063147
View explanation
Q16.

Which project involves proposing solutions for transportation improvement?

Single Answer MCQ
Q-00063148
View explanation
Q17.

In which project would you analyze the effect of advertisements on sales?

Single Answer MCQ
Q-00063149
View explanation
Q18.

What is a primary objective of the proposed project on village cottage industries?

Single Answer MCQ
Q-00063150
View explanation
Q19.

Which report would require you to visit local shops for investigations?

Single Answer MCQ
Q-00063151
View explanation
Q20.

When preparing a project on women in employment schemes, what focus area would you prioritize?

Single Answer MCQ
Q-00063152
View explanation
Q21.

What statistical measure would best assess the impact of advertising on sales?

Single Answer MCQ
Q-00063153
View explanation
Q22.

As a Chief Health Officer, which problem should be your primary focus in a project study?

Single Answer MCQ
Q-00063154
View explanation
Q23.

What is a common data collection strategy for assessing consumer preferences?

Single Answer MCQ
Q-00063155
View explanation
Q24.

Which project proposal would likely require financial insights about community spending?

Single Answer MCQ
Q-00063156
View explanation
Q25.

In a project about polio immunization, which method of data collection would be most appropriate?

Single Answer MCQ
Q-00063157
View explanation
Q26.

What aspect is crucial when preparing a project report on rural health issues?

Single Answer MCQ
Q-00063158
View explanation
Q27.

What kind of relationship would you expect between income and savings habits?

Single Answer MCQ
Q-00063159
View explanation
Q28.

What is the objective of a report assessing the reasons for school drop-outs?

Single Answer MCQ
Q-00063160
View explanation
Q29.

What is essential in a project proposal for a new cottage industry?

Single Answer MCQ
Q-00063161
View explanation
Q30.

Why is it important to include a bibliography in your project report?

Single Answer MCQ
Q-00063162
View explanation
Q31.

What is the first step in designing a project?

Single Answer MCQ
Q-00063163
View explanation
Q32.

Why is selecting a target group important in project design?

Single Answer MCQ
Q-00063164
View explanation
Q33.

What is a primary method of data collection?

Single Answer MCQ
Q-00063165
View explanation
Q34.

What does secondary data refer to?

Single Answer MCQ
Q-00063166
View explanation
Q35.

What is one advantage of using secondary data?

Single Answer MCQ
Q-00063167
View explanation
Q36.

Which of the following methods is best for analyzing collected data?

Single Answer MCQ
Q-00063168
View explanation
Q37.

In a project, why is it important to justify the chosen methodology?

Single Answer MCQ
Q-00063169
View explanation
Q38.

What is a common mistake when selecting a target group?

Single Answer MCQ
Q-00063170
View explanation
Q39.

When conducting a survey, what should be included in the questionnaire?

Single Answer MCQ
Q-00063171
View explanation
Q40.

What is the purpose of using diagrams like bar or pie charts?

Single Answer MCQ
Q-00063172
View explanation
Q41.

Which of the following is NOT a step in making a project?

Single Answer MCQ
Q-00063173
View explanation
Q42.

How should feedback from surveys be utilized?

Single Answer MCQ
Q-00063174
View explanation
Q43.

What type of sampling method is most suitable when time and resources are limited?

Single Answer MCQ
Q-00063175
View explanation
Q44.

Which of the following best describes the organisation of data?

Single Answer MCQ
Q-00063176
View explanation
Q45.

What is the primary goal when presenting the results of a project?

Single Answer MCQ
Q-00063177
View explanation
Q46.

What is the first step X should take in setting up a toothpaste factory?

Single Answer MCQ
Q-00063192
View explanation
Q47.

Why is it important to use a questionnaire in this project?

Single Answer MCQ
Q-00063193
View explanation
Q48.

What type of data is primarily collected through the questionnaire?

Single Answer MCQ
Q-00063194
View explanation
Q49.

Which aspect is crucial when designing a questionnaire for data collection?

Single Answer MCQ
Q-00063195
View explanation
Q50.

What is an essential element to analyze after collecting data?

Single Answer MCQ
Q-00063196
View explanation
Q51.

If 67% of surveyed households are urban, what does this imply?

Single Answer MCQ
Q-00063197
View explanation
Q52.

How can the relationship between income and toothpaste spending be studied?

Single Answer MCQ
Q-00063198
View explanation
Q53.

What is the main goal of the survey conducted in the project?

Single Answer MCQ
Q-00063199
View explanation
Q54.

What should be included in the questionnaire's introductory section?

Single Answer MCQ
Q-00063200
View explanation
Q55.

Why might satisfaction with a toothpaste brand be a relevant question for the survey?

Single Answer MCQ
Q-00063201
View explanation
Q56.

What might be a common pitfall when designing questionnaire options?

Single Answer MCQ
Q-00063202
View explanation
Q57.

If consumers are largely unaware of new brands, what should X consider?

Single Answer MCQ
Q-00063203
View explanation
Q58.

How can X determine the most effective media for advertising toothpaste?

Single Answer MCQ
Q-00063204
View explanation
Q59.

What advanced statistical method could help explore the relationship between income and toothpaste choice?

Single Answer MCQ
Q-00063205
View explanation
Q60.

What is the primary purpose of a bibliography in a project report?

Single Answer MCQ
Q-00063206
View explanation
Q61.

Which of the following is NOT typically included in a bibliography?

Single Answer MCQ
Q-00063207
View explanation
Q62.

When compiling a bibliography, what order should sources generally be listed?

Single Answer MCQ
Q-00063208
View explanation
Q63.

If a researcher uses more than one work by the same author, how should they list it in the bibliography?

Single Answer MCQ
Q-00063209
View explanation
Q64.

What type of information is typically found in a citation within a bibliography?

Single Answer MCQ
Q-00063210
View explanation
Q65.

In which style is a bibliography commonly formatted in academic research?

Single Answer MCQ
Q-00063211
View explanation
Q66.

Which of the following is an example of a secondary source that should be included in a bibliography?

Single Answer MCQ
Q-00063212
View explanation
Q67.

What does 'plagiarism' refer to in the context of a bibliography?

Single Answer MCQ
Q-00063213
View explanation
Q68.

Which of the following correctly identifies what should be avoided in a bibliography?

Single Answer MCQ
Q-00063214
View explanation
Q69.

Which element is crucial when referencing an online article in a bibliography?

Single Answer MCQ
Q-00063215
View explanation
Q70.

What should be included in the citation of a printed book in a bibliography?

Single Answer MCQ
Q-00063216
View explanation
Q71.

What common mistake may occur when organizing bibliographic entries?

Single Answer MCQ
Q-00063217
View explanation
Q72.

Why is it important to cite the publication date in a bibliography?

Single Answer MCQ
Q-00063218
View explanation
Q73.

Which citation style emphasizes the use of date in referencing sources?

Single Answer MCQ
Q-00063219
View explanation
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