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Question Practice

Which of the following is a widely accepted method for calculating index numbers?

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

Which of the following is a wi...

Single Answer MCQ
Q-00063057

Which of the following is a widely accepted method for calculating index numbers?

1

Arithmetic averaging

2

Geometric mean

3

Laspeyres method

4

Differential calculus

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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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