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Question Practice

What is meant by a weighted index number?

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

What is meant by a weighted in...

Single Answer MCQ
Q-00063034

What is meant by a weighted index number?

1

An index that gives equal importance to all items

2

An index that reflects the importance of different items

3

An index based purely on percentage increases

4

An index that uses historical averages

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