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Economics Past Questions and Answers

Economics Questions

Question 4356:
Find the arithmetic mean of the following set of scores 12, 4, 2, 8, and 14
  • A 8
  • B 10
  • C 12
  • D 14
  • E 30
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Question 4357:
The following are advantages of standard deviation EXCEPT that it ____________
  • A Has greater practical utility In sampling
  • B Is a good measure of dispersion since all the values are used in its calculation
  • C Is important and useful in the analysis of T- Test
  • D Is not a sound mathematical index
  • E Is the most popular measure of dispersion in distribution
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Question 4358:
The difference between bar charts and histograms is that the former
  • A Are difference between bars adjoined to each other while the latter are separate bars divided Into sections
  • B Are line graphs while the latter are rectangular bars
  • C Are separate bars divided Into sections while the latter are line graphs
  • D Has bars adjoined to each other while the latter has separate bars
  • E Has bars separate from each other while the latter has bars adjoined to each other
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Question 4359:
Agricultural production in Nigeria could be improved through ____________
  • A Control of plant diseases
  • B Land Fragmentation
  • C Payment of excise duty
  • D The introduction of low yielding crops
  • E The use of traditional implements
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Question 4360:
Which of these is NOT a bottle neck In the distribution of goods In Nigeria?
  • A Adequate transportation network
  • B Inadequate credit facilities
  • C Inadequate storage facilities
  • D Poor processing and packaging
  • E Unnecessary hoarding
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