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Question Practice

In index numbers, what do weights indicate?

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MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Index Numbers
Question Bank

In index numbers, what do weig...

Single Answer MCQ
Q-00063094

In index numbers, what do weights indicate?

1

Equal importance of all items

2

Relative importance of items

3

Historical cost

4

Fixed rates over time

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Q1.

What does an index number measure?

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Q2.

Which formula represents a simple aggregative price index?

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Q3.

What is meant by a weighted index number?

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Q4.

Which of the following is a limitation of simple index numbers?

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