Multiple Choice
If the prices of all commodities in a place have increased 1.25 times more on the base period price. The index number of prices of that place is now
A) 125
B) 150
C) 225
D) None of these
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Laspeyer's index formula use the weights of
Q8: Index number is a _<br>A)measure of relative
Q9: Method of least squares to fit in
Q10: Find the sum of the deviation of
Q11: Secular trend is indicative of long term
Q12: The mean of a observation is x.
Q13: Statistics does not study<br>A)individuals<br>B)groups<br>C)aggregates<br>D)all above
Q14: Index numbers are expressed:<br>A)in percentages<br>B)in ratios<br>C)in terms
Q15: If the index number is independent of
Q16: Statistical methods<br>A)collection of data<br>B)classification<br>C)analysis and inter correlation