CA Foundation - Quantitative Aptitude & Business Economics

Commercial Math, Statistical Dispersion & Economic Analysis question bank (Business Mathematics, Statistics & Economics)

Practice 64 free CA Foundation - Quantitative Aptitude & Business Economics Business Mathematics, Statistics & Economics - Commercial Math, Statistical Dispersion & Economic Analysis questions with answers and step-by-step solutions.

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Q1.

Statistics (Dispersion): In a business financial audit in 'Mathematics of Finance: Simple Interest, Compound Interest, Effective Rate, Annuities and Sinking Fund', a dataset has Mean $= 50$ and Standard Deviation $\sigma = 10$. What is the Coefficient of Variation (CV)?

(A)

$20\%$ ($CV = \frac{\sigma}{\mu} \times 100 = \frac{10}{50} \times 100 = 20\%$) (Mathematics of Finance: Simple Interest, Compound Interest, Effective Rate, Annuities and Sinking Fund)

(B)

$25\%$

(C)

$50\%$

(D)

$5\%$

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Q2.

Market Structures (Oligopoly): In an oligopolistic market structure in 'Mathematics of Finance: Simple Interest, Compound Interest, Effective Rate, Annuities and Sinking Fund', which economist developed the Kinked Demand Curve hypothesis to explain price rigidity?

(A)

Paul Sweezy (Mathematics of Finance: Simple Interest, Compound Interest, Effective Rate, Annuities and Sinking Fund)

(B)

Alfred Marshall

(C)

John Maynard Keynes

(D)

Joseph Schumpeter

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