Statistics & Applications

Trends & Data

Easy

applied

The break-even point is the level of production where

the revenue from sales is less then the cost of production and marketing.

the revenue from sales is equal to the cost of production and marketing.

the revenue from sales is greater then the cost of production and marketing.

the sum of revenue from sales and the cost of production and marketing is zero

✅ Correct Option: 2

The break-even point occurs when there is neither profit nor loss.

At break-even:

Revenue from Sales $=$ Cost of Production and Marketing

Option 2 states: "the revenue from sales is equal to the cost of production and marketing"

This matches the definition of break-even point.

Option 1: Revenue $<$ Cost

This represents a loss situation, not break-even.

Option 3: Revenue $>$ Cost

This represents a profit situation, not break-even.

Option 4: Revenue $+$ Cost $= 0$

This is mathematically incorrect. Adding two positive values cannot equal zero.

Therefore, the correct answer is Option 2.

2025: 16 May Shift 1

Which of the following are normal equations to fit a straight line trend y = a + bx by the method of least squares?

2025: 19 May Shift 1

The following data shows the percentage of urban Indian households who have a high speed 5G internet connection:

Year (x)	2020	2021	2022	2023	2024
Urban house hold (y)	9%	18%	21%	29%	38%

If a straight line trend by the method of least square for the above data is $y = 23 + 6.9(x - 2022)$ , then the forecast for the year 2025 is:

2026: 19 May Shift 1

Irregular variations in a time series is :

2025: 15 May Shift 1

The rise in prices before festivals is an example of

2025: 15 May Shift 1

For predicting the straight line trend in the sales of cars (in thousands) on the basis of 5 consecutive years' data, the company makes use of a 3-year moving averages method. If the sales of the cars for respective years are 15, 24, 18, 33 and 42 respectively, then which of the following averages will not be computed?

2025: 2 June Shift 1

Match List-I with List-II

List-I	List-II
(A) A fire in a factory causing production delay for some time is	(I) Secular trend
(B) Technological progress is	(II) Seasonal trend
(C) The rise in prices before big festival is example of	(III) Irregular trend
(D) Rise and fall of share market is	(IV) Cyclic trend

Choose the correct answer from the options given below:

The break-even point is the level of production where

Solution

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