Basic Tools Of Economics Analysis Jamb Economics Past Questions
Question 6
The arithmetic mean of 5, 8, 10, 15, 24 and 28 is_______
- A. 145
- B. 15
- C. 90
- D. 6
Question 7
Use the data below to answer this questions
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
What is the modal score?
- A. 36
- B. 42
- C. 54
- D. 62
Question 8
Use the data below to answer this questions
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
Calculate the mean?
- A. 45.5
- B. 55.6
- C. 55.8
- D. 65.8
Question 9
The median of an odd-numbered set of scores is the
- A. Middle value in the set
- B. Highest value in the set
- C. Arithmetic means of the set
- D. Most frequent occuring score
Question 10
One of the factors affecting change in demand for a commodity is the _______?
- A. Supply of the commodity
- B. Availability of the substitutes
- C. Price of the commodity
- D. Technical know-how
