Correlation MCQ Class 11 Economics is covered in this Article. Correlation Class 11 MCQ Test contains 20 questions. Answers to MCQs on Correlation Class 11 Economics are available after clicking on the answer. This MCQ has been made for Class 11 students to help check the concept you have learned from detailed classroom sessions and the application of your knowledge.
| Subject | Economics (MCQ) |
| Topic | Correlation MCQ Class 11 Economics |
| Category | Economics Class 11 MCQs |
Correlation Class 11 MCQ Questions Economics
1. ______ is the statistical tool that studies the degree of all the relationships.
(a) Index numbers
(b) Dispersion
(c) Correlation
(d) Range
Answer
Answer: (c) Correlation
2. According to ________, when the relationship is of a quantitative nature the appropriate statistical tool for discovering and measuring the relationship and expressing it in a brief formula is known as correlation.
(a) Boddington
(b) Croxton and Cowden
(c) Bowley
(d) Spiegel
Answer
Answer: (b) Croxton and Cowden
3. Correlation between different variables is_______.
(a) Positive
(b) Negative
(c) Both (a)&(b)
(d) Neutral
Answer
Answer: (c) Both (a)&(b)
4. ________ is the situation when two variables move in the same direction.
(a) Positive correlation
(b) Negative correlation
(c) Correlation
(d) Dispersion
Answer
Answer: (a) Positive correlation
5. _______ is the situation when two variables change in different directions.
(a) Positive correlation
(b) Negative correlation
(c) Correlation
(d) Dispersion
Answer
Answer: (b) Negative correlation
6. When two variables change in constant proportion it is known as;
(a) Positive correlation
(b) Negative correlation
(c) Linear correlation
(d) Nonlinear correlation
Answer
Answer: (c) Linear correlation
7. When the two variables do not change in a constant proportion it is known as;
(a) Positive correlation
(b) Negative correlation
(c) Linear correlation
(d) Nonlinear correlation
Answer
Answer: (d) Nonlinear correlation
Correlation Class 11 MCQ Questions Economics
8. The correlation implies the study of the relationship between two variables is called;
(a) Linear correlation
(b) Simple correlation
(c) Nonlinear correlation
(d) Multiple correlations.
Answer
Answer: (b) Simple correlation
9. The relationship among three or more than three variables is studied under;
(a) Linear correlation
(b) Simple correlation
(c) Nonlinear correlation
(d) Multiple correlations.
Answer
Answer: (d) Multiple correlations.
10. Degree of correlation is also known as;
(a) Linear correlation
(b) Simple correlation
(c) Nonlinear correlation
(d) Coefficient of correlation
Answer
Answer: (d) Coefficient of correlation
11. Read the following statement given below and choose the correct alternative
Statement 1- perfect correlation happens when two variables change in the same proportion.
Statement 2- when there is no relationship between two series or variables then it is known as the absence of correlation.
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (a) Both are correct
12. Read the following statement given below and choose the correct alternative
Statement 1- Correlation is a perfectly negative change in two variables in the same direction.
Statement 2- Correlation is perfectly positive when changes in the two variables are in the opposite direction.
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (b) Both are incorrect
13. Read the following statement given below and choose the correct alternative
Statement 1- when the correlation of two series is close to 1 it is called moderate degree of correlation
Statement 2- when the correlation of two series is close to one it is called a high degree of correlation.
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (d) Statement 1 is incorrect and statement 2 is correct
14. Read the following statement given below and choose the correct alternative
Statement 1- The graphic expression of the direction and the degree of correlation is offered by Karl Pearson method
Statement 2- Scatter diagram method is simple and indicates whether the relation is positive or negative.
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (a) Both are correct
Correlation Class 11 MCQ Questions Economics
15. Read the following statement given below and choose the correct alternative
Statement 1- Scatter diagram does not measure the precise extent of correlation
Statement 2- Scatter diagram is only an approximate idea of the relationship.
(a) Both are correct
(b) Both are incorrect
(c) Statement 1 is correct and statement 2 is incorrect
(d) Statement 1 is incorrect and statement 2 is correct
Answer
Answer: (a) Both are correct
16. Read the following statement given below and choose the correct alternative
Assertion- Quantitative method of calculating correlation is given by Karl Pearson.
Reason – Karl Pearson’s coefficient of correlation is generally written as ‘y’
(a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
(b) Both Assertion and Reason are true. The reason is not the correct explanation of the assertion
(c) Assertion is true but the reason is not
(d) Reason is true but the assertion is not
Answer
Answer: (c) Assertion is true but the reason is not
17. Read the following statement given below and choose the correct alternative
Assertion- Karl Pearson formula applies only to those series that comes out from the actual average
Reason- the value of the coefficient of correlation can vary between + 1 and -1
(a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
(b) Both Assertion and Reason are true. The reason is not the correct explanation of the assertion
(c) Assertion is true but the reason is not
(d) Reason is true but the assertion is not
Answer
Answer: (a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
18. Read the following statement given below and choose the correct alternative
Assertion- coefficient of correlation has no unit.
Reason- negative value of correlation coefficient indicates a positive relation.
(a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
(b) Both Assertion and Reason are true. The reason is not the correct explanation of the assertion
(c) Assertion is true but the reason is not
(d) Reason is true but the assertion is not
Answer
Answer: (c) Assertion is true but the reason is not
19. Read the following statement given below and choose the correct alternative
Assertion- correlation helps in the formation of laws and concepts.
Reason- correlation sometimes suggest a cause-and-effect relationship between two or more variables
(a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
(b) Both Assertion and Reason are true. The reason is not the correct explanation of the assertion
(c) Assertion is true but the reason is not
(d) Reason is true but the assertion is not
Answer
Answer: (a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
20. Read the following statement given below and choose the correct alternative
Assertion- Correlation helps in the formulation of business decisions.
Reason- Correlation analysis doesn’t help in policy formulation.
(a) Both Assertion and Reason are true. The reason is the correct explanation of the assertion
(b) Both Assertion and Reason are true. The reason is not the correct explanation of the assertion
(c) Assertion is true but the reason is not
(d) Reason is true but the assertion is not
Answer
Answer: (c) Assertion is true but the reason is not
Term 2 – NCERT Economics Class 11 MCQ
Part A – MCQ Questions for Class 11 Statistics Economics
- Statistical Tools and Interpretation – Measures of Dispersion, Correlation, Index Number
- Measures of Dispersion MCQ Class 11 Economics
- Correlation MCQ Class 11 Economics
- Index Numbers Class 11 MCQ Questions Economics
Part B – MCQ Questions for Class 11 Microeconomics
- Producer Behaviour and Supply
- Forms of Market and Price Determination under perfect competition with simple applications