Conspicuous goods are also known as :
Anonymous Quiz
30%
Prestige goods
10%
Snob goods
13%
Veblen goods
47%
All of the above
Find the effective annual rate of interest corresponding to a nominal rate of 8% per annum payable half-yearly:
Anonymous Quiz
15%
8.8%
34%
8.23%
18%
8.6%
34%
8.16%
The quantity purchased remains constant irrespective of the change in income. This is known as:
Anonymous Quiz
11%
Negative income elasticity of demand
28%
Income elasticity of demand less than one
52%
Zero income elasticity of demand
9%
Income elasticity of demand is greater than one
In a G.P., 6th term is 729 and the common ratio is 3, then the first term of G.P. is
Anonymous Quiz
11%
2
56%
3
19%
4
14%
7
Demand for a good will tend to be more inelastic if it exhibits which of the following characteristics?
Anonymous Quiz
17%
The good has many substitutes.
40%
The good is a luxury (as opposed to a necessity).
23%
The good is a small part of the consumer’s income.
20%
There is a great deal of time for the consumer to adjust to the change in prices
If the numbers are 5, 1, 8, 7, 2 then the coefficient of variation is:
Anonymous Quiz
20%
56.13%
57%
59.13%
22%
48.13%
1%
44.13%
Forwarded from CA Tejas Suchak - Accountancy Ace
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The best statistical measure used for comparing two series is:
Anonymous Quiz
26%
Mean absolute deviation
15%
Range
35%
Coefficient of variation
24%
Standard deviation
Forwarded from CA Tejas Suchak - Accountancy Ace
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Following are the wages of 8 workers 82, 96, 52, 75, 70, 65, 50, 70. Find range and coefficient of range?
Anonymous Quiz
22%
46, 32.70
32%
43, 31.50
40%
46, 31.50
6%
43, 32.70
Forwarded from CA Indresh Gandhi - CA Foundation & Inter Law
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If the S.D. of the 1st n natural numbers is √30, then the value of n is:
Anonymous Quiz
26%
19
26%
20
20%
21
28%
None of these
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If Arithmetic mean and Coefficient of variation of y are 5 and 20 respectively, the variance of 12 − 3y
Anonymous Quiz
31%
9
42%
81
13%
3
13%
100