(A) Σpn(Po + Pn)/ Σpn (Po + Pn)
(B) Σqn(qo + qn)/Σqn(po + pn) x100
(C) Σpn(qo + qn)/Σpn
(D) Σqn(Po + Pn)/ Σqo (Po + Pn) x100
Category: Statistics Mcqs
Explore a comprehensive collection of Statistics Multiple Choice Questions (MCQs) designed to test your knowledge and enhance your understanding. Our curated database covers a wide range of statistical concepts, providing a valuable resource for students, educators, and professionals. Practice Statistics MCQs to sharpen your skills and excel in your studies or career. Start mastering statistics today!
Base year quantities are used as weights in __.
(A) Laspeyre’s index
(B) Paasche’s index
(C) Fisher’s index
(D) None of these
Fisher’s ideal index number is also obtained by __.
(A) Taking A.M. of Laspeyre’s and Paasche’s index
(B) Taking G.M. of Laspeyre’s and Paasche’s index
(C) Both (a) and (b)
(D) None of these
An index number is used__.
(A) To measure changes in quantity
(B) To measure changes in price
(C) To measure changes in a variable over time
(D) To measure changes in demand
A simple aggregate quantity index is used to__.
(A) Measure the change in quantity of product
(B) Measure the overall change in price of a range of products
(C) Measure the overall change in quantity of range of product.
(D) Measure the change in price of a product
This index measure 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?
(A) Laspeyres Price Index
(B) Financial time Index
(C) Paasche Price Index
(D) Retail Price Index
The Laspeyres price index__.
(A) Regards the base year quantities as fixed
(B) Regards the base year price as fixed
(C) Regards the current year quantities as fixed
(D) non of these
The formula Σpnqn/poqn x100 is used to calculate?
(A) The Laspeyres price index
(B) The Paasche price index
(C) The Paasche quantity index
(D) The Laspeyres quantity index