Question
The average expenditure of a man for the first 4 month
is Rs.4000 and for the next 8 months is Rs.6000. If he saves 11000 in that year then find his average monthly income.Solution
Total expenditure in first 4 months = 4 × 4000 = Rs.16000 Total expenditure in last 8 month = 8 × 6000 = Rs.48000 Total income of the man in a year = 16000 + 48000 + 11000 = Rs.75000 So average income in a month = 75000/12 = Rs. 6250
While calculating Pearson's correlation coefficient, the following values are obtained for 25 pairs of observations. It was later discovered that two pa...
When the price of a commodity decreases, and its demand curve forms a rectangular hyperbola, what happens to the total expenditure on that commodity?
For a frequency distribution if Coefficient of variation is 5, standard deviation is 2 and Karl Pearson’s coefficient of skewness is 0.5, the value of...
The government provides public goods because
In which of the following market structure Quantity is maximum?
The Fisher Effect assumes that the    Â
The costs of inflation are?
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
