Economics Statistics Assessment Quiz
Economics Statistics Assessment Quiz Form for testing knowledge of economics statistics. Complete the quiz and submit your answers.
Quiz Respondent Details
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Economics Statistics Quiz Questions
1. Which measure of central tendency is most affected by extreme values?
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Mean
Median
Mode
Range
2. What is the median of the data set 3, 7, 8, 10, 12?
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7
8
9
10
3. If the consumer price index rises from 100 to 105, what does this indicate?
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A 5% increase in the general price level
A 5% decrease in the general price level
A 105% increase in the general price level
No change in prices
4. Which unemployment measure counts people actively looking for work but unable to find a job?
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Open unemployment
Disguised unemployment
Structural unemployment
Frictional unemployment
5. Match each economics statistics concept with the statement that best describes it.
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Rows
Correct
Measures average value
1
Middle value in an ordered data set
2
Shows price changes over time
3
Describes relationship between two variables
4
6. A scatter plot shows that as education increases, income tends to increase. What type of correlation is this?
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Positive correlation
Negative correlation
No correlation
Random correlation
Quiz Submission and Scoring Notes
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