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CBSE Important Questions

CBSE Guess > Papers > Important Questions > Class XI > 2011 > Economics > Economics By Mr. Mohammed Aslam

CBSE CLASS XI

Time: 3 Hrs (Maximum Marks: 100)

General Instruction:

  1. All questions in both the sections are compulsory.
  2. Marks for questions are indicated against each.
  3. Question Nos. 1-5 and 17-21 are very short-answer questions carrying 1 mark each. They are required to be answered in one sentence each.
  4. Question Nos. 6-10 and 22-26 are short-answer questions carrying 3 marks each. Answer to them should not normally exceed 60 words each.
  5. Question Nos. 11-13 and 27-29 are also short-answer questions carrying 4 marks each. Answer to them should not normally exceed 70 words each.
  6. Question Nos. 14-16 and 30-32 are long-answer questions carrying 6 marks each. Answer to them should not normally exceed 100 words each.
  7. Answer should be brief and to the point and the above word limit be adhered to as far as possible.  

Statistics For Economics(Questions with Answers)

  1. What is a random sample? (1 Marks)
  2. What is a Lorenz curve? (1 Marks)
  3. Define statistical series. (1 Marks)
  4. What is an index number? (1 Marks)
  5. What is a first step of a project? (1 Marks)
  6. “Statistics is both science as well as an art” Discuss The statement? (3 Marks)
  7. Define mode. How is it compute? (3 Marks)
  8. Write down the various measures of dispersion. (3 Marks)
  9. Compute the cost living index number using, aggregate expenditure method of the Following information (3 Marks)

Commodities

Q0

P0

P1

Whet

20

10

12

Rise

5

30

35

Ghee

2

20

30

sugar

4

25

40

OR Write note on:
a) SENSEX
b) NIFTY

  1. Calculate median from the following data set. (3 Marks)
  2. Mark in Hindi

    0-10

    10-20

    20-30

    30-40

    40-50

    50-60

    60-70

    70-80

    No. of students

    5

    15

    18

    12

    20

    15

    7

    3

  3. What are the qualities of a good questionnaire? (4 Marks)
  4. Describe structure of project report. (4 Marks)
  5. Calculate mean and standard deviation from the following series. (4 Marks)

Mark in Hindi

20-30

30-40

40-50

50-60

60-70

70-80

No. of students

5

15

0

22

11

7

OR Discuss the kinds and degrees of correlation?

  1. Draw a histogram for the following data and also draw the frequency curve on it. (6 Marks)

Monthly income

No. of families

0-75

15

75-150

90

150-225

140

225-300

70

300-375

35

  1. A student subject 40 mark in English,65 in Hindi,53 in maths,49 in economics and 55 in statistics. Calculate weighted mean of the marks if weights are respectively 2, 1, 5, 5, and 3. Or Mention merits and demerits of Mean. And list out any three examples of ‘scope of averages in your class room’. (6 Marks)
  2. Following are the marks obtained by 10 students in two subjects, statistics and economics, calculate Spearman's rank correlation. (6 Marks)

Mark in statistics

20

25

30

45

31

48

21

10

26

34

Mark in Economics

5

19

20

42

21

47

20

10

12

33

 

Answers:-

  1. Its each and every unit of population has an equal chance of being selected. (1 Marks)
  2. Lorenz curve is a graphic method of measuring dispersions from the average. (1 Marks)
  3. Defined as things or attributes of things arranged according to some logical order. (1 Marks)
  4. Index number is a specialized averages designed to measure the changes in group of related variables over period of time.(1 Marks)
  5. Identification of problem.(1 Marks)
  6. Statistics is the numerical statement of facts---- science Statistics evaluating social problems---- arts 1½ +1½ = (3 Marks)
  7. The mode is that value in a series of observations which occurs with the greatest frequency. (1 Marks)
    Compute mode
    • Individual series-which occurs maximum number items (repeated)
    • Discrete series- value of greatest frequency
    • ontinues series –using the formula
    • Or explain with example give the mark 2 (1+2=3 Marks)
  8. Measures of dispersion.
  • Range
  • Quartile deviation
  • Mean deviation
  • Standard deviation
  • Lorenz curve
  • Any three 1x3=(3 Marks)

Commodities

Q0

P0

P1

p0qo

p1q0

Whet

20

10

12

200

240

Rise

5

30

35

150

175

Ghee

2

20

30

40

60

sugar

4

25

40

100

160

 

 

 

 

490

635

Aggregate expenditure method =

=129.59 Inflation 29.59% 1+1+1 = (3 Marks)

Sensex

  • Index of Bombay stock exchange
  • Total 30 shares
  • resent index above 20000

Nifty

  • Index of national stock exchange
  • Total 50 shares
  • Present index above 5000 1½ +1½ = (3 Marks)

Mark in Hindi

No. of students

cf

0-10

5

5

10-20

15

20

20-30

18

38

30-40

12

50

40-50

20

70

50-60

15

85

60-70

7

92

70-80

3

95

 

95

 

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                             1+1+1 =(3  Marks)  

  1.  
    • Proper order of questions.
    • Proper question number
    • void unnecessary questions.
    • imple and short questions.
    • Any relevant answers. 1x4=(4 Marks)
    • Introduction
    • Statement of the problem
    • Objectives
    • Methodology
    • Analysis of data
    • Limitation of the study
    • Conclusions. (4 Marks)
  2. Mark in Hindi

    No. of students

    M

    MF

    d

    fd

    fd²

    20-30

    5

    25

    125

    -37

    -185

    1369

    6845

    30-40

    15

    35

    525

    -27

    -405

    729

    10935

    40-50

    0

    45

    0

    -17

    0

    289

    0

    50-60

    22

    55

    1210

    -7

    -154

    49

    1078

    60-70

    11

    65

    715

    3

    33

    9

    99

    70-80

    7

    75

    525

    13

    91

    169

    1183

     

     60

     

    3100

     

    -620

     

    20140

    2+1+1 =(3  Marks)  

Or 

        Kinds of correlation

    • Positive and negative correlation
    • Linier and non-linier correlation
    • Simple, partial and multiple correlation

Degrees of correlation                                                                                                                      2 + 2 = (4 Marks)

Perfect correlation

                  1                     (+ve  or –ve )

Higher correlation

          99  to  75              (+ve  or –ve )

Moderate correlation

           74  to  25              (+ve  or –ve )

Lower correlation

           25  to  01               (+ve  or –ve )

No correlation

0

 

  1.  

     

  2. ∑wx÷∑w
    = 820÷16
    = 51.25

Or Merit

a. Simplicity
b. Stability
c. Accuracy test
d. Any relevant answers.(ex)

Demerits

a. Unsuitability
b. Misleading conclusions
c. Effect of extreme items
d. Any relevant answers.(ex)

Scope of averages in class room

    a. we can find average mark
    b. it help formulation of policies
    c. Find out average age, weight, height..Etc
    d. Any relevant answers.(ex) (any three) 2+2+2 =( 6 Marks)

     

    Mark in statistics

    Mark in Economics

    Rank in statistics

    Rank in Economics

    D

    20

    5

    9

    10

    1

    1

    25

    19

    7

    7

    0

    0

    30

    20

    5

    5.5

    0.5

    0.25

    45

    42

    2

    2

    0

    0

    31

    21

    4

    4

    0

    0

    48

    47

    1

    1

    0

    0

    21

    20

    8

    5.5

    2.5

    6.25

    10

    10

    10

    9

    1

    1

    26

    12

    6

    8

    2

    4

    34

    33

    3

    3

    0

    0

     

     

     

     

     

    12.5

    =

    Positively high correlation

Submitted By Mr. Mohammed Aslam
Email Id :[email protected]
About Yourself : Now working GCSE Economics international teacher