Grade 11

Statistics for Economics

Practice Worksheet

1. The front row in a movie theatre has 23 seats. If you were asked to sit in the seat that occupied the median position, in
which seat would you have to sit?
a) 1
b) 12
c) 23
d) 11

2. Maximum value of coefficient of correlation is:

a) 0
b) +1
c) – 1
d) ∞

3. Lottery method is used under________.

a) random sampling
b) quota sampling
c) purposive sampling
d) judgement sampling

4. For the data 3, 5, 1, 6, 5, 9, 5, 2, 8, 6 the mean, median and mode are x, y and z respectively. Which one of the
following is correct?
a) x = y ≠ z
b) x ≠ y = z
c) x ≠ y ≠ z
d) x = y = z

5. In a class of 50 students, 10 have failed and their average of marks is 2.5. the total marks secured by the entire class
were 281. What is the average marks of those who have passed?
a) 2.5
b) 3.12
c) 6.4
d) 7.025

6. An inclusive series is given as, 1−9, 10−19, 20−29. What will be the mid value of the second class in this data?
a) 10
b) 19
c) 14.5
d) 24.5

7. The class mark is equal to:

a) The average of the upper class limit and the lower class limit.
b) The product of upper class limit and the lower class limit.
c) The ratio of the upper class limit and the lower class limit.
d) None of the above.
8. Madhav is a farmer. He grows food grains in his land in a village called Ghatal in Midnapur district of West Bengal.
The village consists of 50 small farmers. Madhav has 1 acre of land. You are interestedto see if the land owned by
Madhav is above the size of what half the farmers own. Which of the following measure of central tendency would
you use?
a) Arithmetic Mean
b) Median
c) Quartile
d) Mode

9. The following data shows marks of a student in a class in four subjects except economics:
40, 50, 55, 58
How many marks did the student score in economics such that the average marks is 56.2?
a) 78
b) 56.2
c) 50.75
d) 100

10. Consider the following distribution.

Marks obtained No. of students
More than or equal to 0 63
More than or equal to 10 58
More than or equal to 20 55
More than or equal to 30 51
More than or equal to 40 48
More than or equal to 50 42
The frequency of the class 30-40 is:
a) 3
b) 4
c) 48
d) 51

11. Which of the following refers to qualitative information?

a) Siya’s height is 5’6”., whereas Meera is 5’0”.
b) India is a developing economy while United States is a developed economy.
c) Foodgrain production in India was estimated at 199.5 million tons in 2000-01.
d) Adani’s net worth rose to $97.6 billion.

12. The last step in statistical enquiry is:

a) Presentation
b) Analysis
c) Interpretation
d) Organization

13. The following scatter diagram shows _______ between two variables X and Y.
a) perfect correlation
b) positive correlation
c) negative correlation
d) no correlation
14. Read the following statements carefully:
Statement 1: Magazine is a source of secondary data.
Statement 2: The data published in magazine is already collected.
a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true
c) Both statements 1 and 2 are true
d) Both statements 1 and 2 are false

15. CPI measures changes in

a) Retail prices
b) Wholesale prices
c) Producer’s prices
d) Producer’s production

16. Index number for the base year is always taken as ______.
a) 1
b) 50
c) 100
d) 200
17. Which of the following is the correct definition of an index number?
a) A number used to measure changes in quantity or value over time.
b) A number used to measure the mean of data.
c) A number used to calculate the median of data.
d) A number used to calculate standard deviation.
18. Which of the following is not a property of index numbers?
a) Aggregative
b) Relative
c) Absolute
d) Time-based

19. Which of the following is true about the primary data?

a) It is collected from existing sources.
b) It is collected for a specific purpose.
c) It is collected without any planning.
d) It cannot be analyzed further.
20. A frequency distribution table represents:
a) Individual observations
b) Data grouped into intervals along with their frequency
c) A summary of qualitative data
d) Data plotted on a graph

21. A high value of r (coefficient of correlation) indicates strong linear relationship. True/False? Give reason.

22. Statistical results lack mathematical accuracy. Explain.

23. Telephone survey is the most suitable method of collecting data, when the population is literate and spread over a
large area. State giving reason whether the statement is True or False.

24. In a moderately skewed distribution, the median is 20 and the mean is 22.5. Using these values, find the approximate
value of the mode.
25. Plots in a housing colony come in three sizes: 100 sq. metre, 200 sq. metre and 300 sq. metre and the number of plots
are 200, 50 and 10 respectively. Calculate the mean plot size by assumed mean method.

26. ‘Age of applicants for life insurance and premium of insurance’. Correlation is ________ (positive/negative). Give
reason.

27. The information on the observed lifetimes (in hours) of 225 electrical components are given in the following
frequency table. Find the modal lifetimes of the electrical components.
The lifetime of electrical More More than More than More than More than More than
components (in hours) than 0 20 40 60 80 100

Frequency 225 215 180 128 67 29

28. Calculate price index for 2020 taking 2015 as the base year using simple aggregative method. Also interpret the
result.
Commodities A B C D E
Price in 2015 (₹) 100 80 160 220 40
Price in 2020 (₹) 140 120 180 240 40

29. Suppose you want to know about the popularity of football player among the school students. For this, you will have to
enquire from a large number of school students to collect desired information.
a) From the given information, identify the source of data involved in drawing such information.
b) State and explain three different methods of collecting such data.

30. The lengths of a number of leaves collected for a project are recorded. Calculate median length of a leaf.
Length (in cm) 2–5 6 – 10 11 – 15 16 – 25
Frequency 8 20 42 12

31. Calculate Karl Pearson's coefficient of correlation between x and y for the following data and interpret the result:
(1,6),(2,5),(3,7),(4,9),(5,8),(6,10),(7,11),(8,13),(9,12)

32. Find Karl Pearson's coefficient of correlation for the following data:
Fertilizers used ( in tons ) 15 18 20 24 30 35 40 50
Productivity ( in tons) 85 90 95 105 120 130 150 160

33. What will be the new mean , if it is known that for a group of 10 students, scoring an average of 60 marks, the best
paper was wrongly marked 80 instead of 75?

34. Find the median and mode of the following data.

Marks obtained 20 29 28 33 42 38 43 25
No. of students 6 28 24 15 2 4 1 20
35. In a village, the milk was collected from 50 milkmen at a collection center in litres as given below :
27, 75, 5, 99, 70, 12, 15, 20, 30, 35, 45, 80, 77, 90, 92, 72, 4, 33, 22, 15, 20, 28, 29, 14, 16, 20, 72, 81, 85, 10, 16,
9, 25, 23, 26, 46, 55, 56, 66, 67, 51, 57, 44, 43, 6, 65, 42, 36, 7, 35.
By taking suitable classes, prepare grouped frequency distribution table.

36. Ten competitors in a beauty contest are ranked by 2 judges in the following order. Use the rank correlation
coefficient to determine whether the judges have the nearest approach tocommon tastes in beauty.
1st judge 1 6 5 10 3 2 4 9 7 8
2nd judge 3 5 8 4 7 10 2 1 6 9

37. Find the missing frequency, if it is given that the value of the median marks is 23.
Marks 0-10 10-20 20-30 30-40 40-50
No. of students 5 8 ? 6 3

38. An examination was held to decide the award of a scholarship. The weights given to various subjects were different.
Only three applicants for the scholarship obtained over 50%marks in each subject. The marks were as follows:
Subject Weight Marks of A Marks of B Marks of C
Statistics 4 63 60 65
Accountancy 3 65 64 70
Economics 2 58 56 63
Business Studies 1 70 80 52
Of the candidate getting the highest marks is to be awarded the scholarship, who should get it?

39. From the folowing data of 1000 persons each of age 20 years and above, determine the mean, median and modal age.

Age below (in years) 30 40 50 60 70 80

Number of persons 100 220 350 750 950 1000

40. Explain ‘Mailing Questionnaire’ method of collecting data with advantages and disadvantages.
41. ‘Index numbers are specialized averages.’ Justify the given statement.
42. State and elaborate the ‘Non-Random’ Sampling techniques.
43. If CPI is 150, what does it indicate?
44. Index numbers measure the absolute changes in the variables over the time. True/False.
45. List three uses of Index numbers.
46. Using diagram and example, explain ‘linear’ and ‘non-linear’ correlation.
47. List the properties of arithmetic mean and explain any two with hypothetical examples.
48. Write a short note on Cost of Living Index.
49. Explain the concept of the ‘Base Year’ in the context of index numbers.
50. What is the use of index numbers in measuring inflation? Explain with an example.