Solve Mock Test questions for CA Foundation Maths

1. In regression analysis, which of the following can be in the form of an index number?

(a) Only dependent variable (b) Only independent variable (c) Both A and B (d) Need more information

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2. If two dice are thrown then what is the probability that the sum of the faces of dice are square o r cube number?

(a) 1/4 (b) 1/2 (c) 1/3 (d) None of these

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3. Which of the following is the best measure to calculate the volatility of stock market?

(a) Covariance (b) Standard Deviation (c) Variance (d) All of the above

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4. If both the regression coefficients are negative, what will be coefficient of correlation?

(a) Negative (b) Positive (c) Can be either positive of negative (d) Cannot be determined

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5. If a card is drawn randomly from a deck, the probability of the card being neither a red card nor a face

(a) 5/13 (b) 6/17 (c) 12/27 (d) 5/7

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6. If the regression equation of two variables are 5x – y = 4 and 3x – 2y = 1. Find the arithmetic means of x and y

(a) 2,1 (b) 2,2 (c) 1,1 (d) Cannot be determined.

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7. Circular test is satisfied by which of the following index?

(a) Laspeyres index (b) Paasche’s index (c) Fisher’s index (d) Simple geometric mean of price relatives

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8. Fisher’s method of calculating the index number is based on the.

(a) Geometric mean (b) Arithmetic mean (c) Harmonic mean (d) None of the above

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Answer Key Q1- C Q2- C Q3- B Q4- A Q5- A Q6- C Q7- D Q8- A

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