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  3. Study Set
    Business Statistics
  4. Exam
    Exam 15: Time-Series Forecasting and Index Numbers
  5. Question
    A Simple Index Number Is the Ratio of the Base
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A Simple Index Number Is the Ratio of the Base

Question 36

Question 36

True/False

A simple index number is the ratio of the base period divided by the period of interest, multiplied by 100.

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