Economics Practice Tests – Basic Tools for Economic Analysis


Hello and Welcome to Economics Practice Tests – Basic Tools for Economic Analysis

  1. You are to attempt 5 random objectives questions ONLY.
  2. Supply Your Full Name and Location in the text box below and begin immediately.
  3. You can attempt as many times as possible


The marks of pupils in ASSURE school is represented in a table as shown below. 



Calculate the median mark. 

A. 15   B. 20   C. 17.5   D. none of the above


Calculate the mean of the following numbers;  

20, 8, 10, 10, 20, 20, 30, 20, 8, 8, 5, 5, 5, 

A. 169        B. 15        C. 150       D. 13


The chart below represents the population of a school in a week.

What is the total population figure of the school?

A. 4,000   B. 4,450   C. 4,490   D. 4,500


Calculate the arithmetic mean of the following data: 20, 10, 18, 5, 15, 35

A. 17      B. 15      C. 17.2      D. 15.2


Use the pie chart below to answer the question. 


If the budget of the country was $ 7,200.00, how much is allocated to Education? 

A. $ 2,400.00       B. $ 2,000.00       C. $ 1,200.00         D. $ 1,000.00


 



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