Deck 6: Time Series Analysis and Index Numbers: Part B

Question 1

One of the classifications of time series is that they can be either

A)categorical or ordinal
B)stationary or non-stationary
C)inflationary or non-inflationary
D)increasing or decreasing

Answer 1

stationary or non-stationary

Question 2

Another name for the regression method is

A)linear method
B)univariate method
C)time series method
D)causal method

Answer 2

causal method

Question 3

Exponential smoothing is

A)a method to use number exponents to smooth the time series
B)one of the forecasting methods
C)a method of testing linearity
D)a method to find elasticity

Answer 3

one of the forecasting methods

Question 4

"Sensex" is related to

A)bse
B)nse
C)rbi
D)sebi

Question 5

Fisher's Ideal Formula for calculating index nos. satisfies the________ tests

A)units test
B)factor reversal test
C)both a and b
D)do not satisfy any test

Question 6

_______________ is particularly suitable for the construction of index nos

A)harmonic mean
B)arithmetic mean
C)geometric mean

Question 7

The________ of group indices given the General Index

A)harmonic mean
B)arithmetic mean
C)geometric mean
D)none of the above

Question 8

In computing Index Numbers, ___________ is concerned with the measurement of price changes over a period of years, when it is desirable to shift the base

A)unit test
B)circular test
C)time reversal test
D)none of the above

Question 9

The formula should be independent of the unit in which or for which price and quantities are quoted in

A)unit test
B)time reversal test
C)factor reversal test
D)none of the above

Question 10

Laspeyre's method and Paasche's method do not satisfy

A)unit test
B)time reversal test
C)factor reversal test
D)none of the above

Question 11

We use price index numbers

A)to measure and compare prices
B)to measure prices
C)to compare prices
D)none of the above

Question 12

Simple aggregate of quantities is a type of

A)quantity control
B)quantity indices
C)both a and b
D)none of the above