Methods And Tools Of Economic Analysis - Economics Jamb Past Questions and Answers

Question 26 :

• JAMB 2002

In the pie chart below, the percentage for children is equivalent to

A. 288 ^o
B. 720 ^o
C. 90 ^o
D. 144 ^o

Question 27 :

• JAMB 2003

In economic analysis, a statement is said to be normative if it?

A. Relates to value judgement
B. Is incorrect
C. Can be tested scientifically
D. Is contradictory

Question 28 :

• JAMB 2004

In any set of data, median represents the

A. Value that is most representative of the data
B. Mid-position when the values are arranged in ascending or descending order
C. Mid-position when the values are arranged randomly
D. Difference between the highest and the lowest values when arranged in ascending order

Question 29 :

• JAMB 2004

A large standard deviation is an indication of

A. The size of the sample
B. A wide spread around the mean
C. A wide difference between the mean and the mode
D. The difference between the highest and the lowest values

Question 30 :

• JAMB 2005

What is the median quantity?

A. 5kg
B. 6kg
C. 3kg
D. 4kg