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Methods and Tools of Economic Analysis - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Methods and Tools of Economic Analysis

Question 16:


Given 0.25, 1.25, 1.80, 1.110, 10.20, 10.15 and 1.55.
Determine the range?

A. 0.25
B. 10.00
C. 1.55
D. 9.95


Question 17:


Find the range in the following data 9, 15, 6, 20, 24, 18, 12, 8, 20, 10, 5.

A. 24
B. 5
C. 19
D. 12


Question 18:


The frequent value that occurs most in a data is

A. Median
B. Mean
C. Mode
D. Range


Question 19:


The best measure of dispersion to determine the tallest tree in a forest is

A. Range
B. Variance
C. Standard deviation
D. Mean deviation


Question 20:


In a firm, three employees earns N5,500 each, four earn N3,300 each, two earns N5,000 each and one earn N7,000. The mean income of the employees is?

A. N5,200
B. N 4,760
C. N4,670
D. N2,080






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