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Jamb Economics Past QuestionsJamb Past Questions and Answers on Methods and Tools of Economic AnalysisQuestion 21:If the pass mark was 40. how many students passed the examination? A. 100 B. 120 C. 160 D. 200 Question 22:How many student took the examination? A. 280 B. 240 C. 200 D. 80 Question 23:When a generalization is made based on observed facts, it is known as? A. Deductive reasoning B. Inductive reasoning C. Theoretical reasoning D. Normative reasoning Question 24:If the arithmetic mean of 1,2,3,4,5,6,x, 16 and 18 is 8.0, find the value of x? A. 7.0 B. 6.0 C. 8.5 D. 8.0 Question 25:A scientific approach in economic analysis entails? A. A deductive method only B. Both inductive and normative methods C. A normative method only D. Both inductive and deductive methods |
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