The most appropriate average in averaging the price relatives is:

Related MCQs

• The suitable average for averaging the shoe sizes for children is:
• In constructing index number geometric mean relatives are:
• The average to be used to determine the average size of the shoe sold in a shop is:
• What type of index number can help the government to formulate its price policies and to take appropriate economic measures to control prices:
• The ratio of price of single commodity in a given period to its price in another period is called the
• When the price of a divided by the price of the preceding year, we, get:
• The suitable average for qualitative data is
• From which average, the sum of deviations is zero?
• The method used to compute average or central value of the collected data is considered as
• The mean or average used to measure central tendency is called