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50+ Statistics for Tourism Business Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Tourism Studies (BTS) .

51.

Method of least squares to fit in the trend is applicable only if the trend is____________

A. linex
B. parabolic
C. both a & b
D. neither a nor c
Answer» C. both a & b
52.

If the prices of all commodities in a place have increased 1.25 times more on the base period price. The index number of prices of that place is now

A. 125
B. 150
C. 225
D. None of these
Answer» C. 225

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