KAANGER VALLEY ACADEMY, RAIPUR

Term – II, Unit Test - 4

Subject – Economics                                                                          Date – 15/02/22
Chapter – Measures of Correlation, Index Numbers                                       Marks - 20
Class – XI B/C/D                                                                                                    Time – 40 Mins
 

INSTRUCTIONS:
1.All questions are compulsory.
2.Answer the questions in a long register or notebook.
3.Front page top right corner of your answer sheet must contain:

a) Your full name

b) Class & Section
c) Subject
d) Date

 4. Please number all the pages clearly.

 5. All the pages must contain your name.
 6. After completion of the test, scan your answer sheets, make a pdf & upload in Google   
Classroom.
______________________________________________________________________________

Answer the following questions:

1. ________ correlation relates to the direction of change. 1

(a) Linear (b) Positive (c) Scatter (d) Limited

2. The correlation between price of a car and demand of a pen is 1

(a) Positive (b) Negative (c) Zero (d) None of these

3. The value of correlation co – efficient lies between 1

(a) 0 and 1 (b) 0 and (-) 1 (c) (-) 1 and 1 (d) None of these

4. CPI is also known as 1

(a) Family budget (b) Cost of living index (c) Wholesale price index (d) Industrial
production index

5. Index number for the base year period is 1

(a) 1 (b) Zero (c) 100 (d) None of these

6. Calculate the correlation coefficient between series x and y and comment on their
relationship. 5

X: -3, -2, -1, 1, 2, 3

Y: 9, 4, 1, 1, 4, 9

7. “ Index numbers are economic barometers “. Explain 5

8. If WPI for week 1 = 450 and for week 2 = 830, find out weekly rate of inflation. 5