(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
Tag: Statistics Mcqs With Answers
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