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Commerce (English Medium) इयत्ता ११ - CBSE Question Bank Solutions for Economics

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Economics
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Does correlation imply causation?

[1.3] Statistical Tools and Interpretation
Chapter: [1.3] Statistical Tools and Interpretation
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Data represented through arithmetic line graph help in understanding ______ 

[1.2] Collection, Organisation and Presentation of Data
Chapter: [1.2] Collection, Organisation and Presentation of Data
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The width of rectangles in a histogram should essentially be equal.

[1.2] Collection, Organisation and Presentation of Data
Chapter: [1.2] Collection, Organisation and Presentation of Data
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Histogram can only be formed with the continuous classification of data.

[1.2] Collection, Organisation and Presentation of Data
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Histogram and column diagram is the same method of presentation of data.

[1.2] Collection, Organisation and Presentation of Data
Chapter: [1.2] Collection, Organisation and Presentation of Data
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The mode of a frequency distribution can be known graphically with the help of a histogram. 

[1.2] Collection, Organisation and Presentation of Data
Chapter: [1.2] Collection, Organisation and Presentation of Data
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The median of a frequency distribution cannot be known from the ogives. 

[1.2] Collection, Organisation and Presentation of Data
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Suppose you want to emphasize the increase in the share of urban non-workers and lower level of urbanization in India as shown in the Census of India, 2001. How would you do it in the tabular form? 

[1.2] Collection, Organisation and Presentation of Data
Chapter: [1.2] Collection, Organisation and Presentation of Data
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How does the procedure of drawing a histogram differ when class intervals are unequal in comparison to equal class intervals in a frequency table?

[1.2] Collection, Organisation and Presentation of Data
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The Indian Sugar Mills Association reported that ‘Sugar production during the first fortnight of December 2001 was about 3,87,000 tonnes, as against 3,78,000 tonnes during the same fortnight last year (2000). The off-take of sugar from factories during the first fortnight of December 2001 was 2,83,000 tonnes for internal consumption and 41,000 tonnes for exports as against 1,54,000 tonnes for internal consumption and nil for exports during the same fortnight last season.’

Suppose you were to present these data in a diagrammatic form which of the diagrams would you use and why?

[1.2] Collection, Organisation and Presentation of Data
Chapter: [1.2] Collection, Organisation and Presentation of Data
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The Indian Sugar Mills Association reported that ‘Sugar production during the first fortnight of December 2001 was about 3,87,000 tonnes, as against 3,78,000 tonnes during the same fortnight last year (2000). The off-take of sugar from factories during the first fortnight of December 2001 was 2,83,000 tonnes for internal consumption and 41,000 tonnes for exports as against 1,54,000 tonnes for internal consumption and nil for exports during the same fortnight last season.’

Present these data diagrammatically.

[1.2] Collection, Organisation and Presentation of Data
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Ogives can be helpful in locating graphically the ______ 

[1.2] Collection, Organisation and Presentation of Data
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The following table shows the estimated sectoral real growth rates (percentage change over the previous year) in GDP at factor cost.

Year

Agriculture and allied sectors

Industry

Services

1994-95

5.0

9.2

7.0

1995-96

-0.9

11.8

10.3

1996-97

9.6

6.0

7.1

1997-98

-1.9

5.9

9.0

1998-99

7.2

4.0

8.3

1999-2000

0.8

6.9

8.2

Represent the data as multiple time-series graphs.

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If rxy is positive the relation between X and Y is of the type ______ 

[1.3] Statistical Tools and Interpretation
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If rxy = 0 the variable X and Y are ______ 

[1.3] Statistical Tools and Interpretation
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Of the following three measures which can measure any type of relationship. 

[1.3] Statistical Tools and Interpretation
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Can r lie outside the –1 and 1 range depending on the type of data? 

[1.3] Statistical Tools and Interpretation
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Does zero correlation mean independence?

[1.3] Statistical Tools and Interpretation
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Can a simple correlation coefficient measure any type of relationship? 

[1.3] Statistical Tools and Interpretation
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Interpret the values of r as 1, –1, and 0. 

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