Index nos. are often constructed from the

Related MCQs

• Fisher's Ideal Formula for calculating index nos. satisfies the________ tests
• _______________ is particularly suitable for the construction of index nos
• Arrange the numbers in numerical order and see which is repeated most often. This describes which measure of central tendency
• In a time series analysis it is often important to analyze seasonal variations
• An index number is used:
• A simple aggregate quantity index is used to:
• A simple aggregate price index:
• This index measures the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household
• The Laspeyres and Paasche index are examples of:
• The Laspeyres price index: