by Sunday | Oct 23 | Economics JAMB
A. not useful for large data B. not suitable for further statistical analysis C. cumbersome to determine the actual value D. affected by extreme data Correct Answer: Option D – affected by extreme data Explanation One of the disadvantages of the arithmetic mean...
by Sunday | Oct 23 | Economics JAMB
A. no indication of technological development B. no recognition of preferred goods for countries C. technical inefficiency D. abundant resources Correct Answer: Option B – no recognition of preferred goods for countries
by Sunday | Oct 23 | Economics JAMB
A. increase productivity B. reduce income tax C. ration available output D. increase imports Correct Answer: Option A – increase productivity
by Sunday | Oct 23 | Economics JAMB
A. N11.7 billion B. N13.3 billion C. N21.7 billion D. N26.6 billion Correct Answer: Option B – N13.3 billion Explanation The summation of a piechart is 360°. To get the figure for manufacturing sector we simply add the figures for oil, agriculture and mining...
by Sunday | Oct 23 | Economics JAMB
A. 67.5 B. 40.0 C. 32.4 D. 25.0 Correct Answer: Option D – 25.0 Explanation 90/360 x 100 = 25%