Question 1

A moving average of a time series is the value around which a series moves over time.

Accepted Answer

A)  true 
B)  false 
C)  either of the above 
D)  any of the above

Question 2

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

Accepted Answer

A) paasche price index 
B) retail price index 
C) laspeyres price index 
D) financial times index

Question 3

A scaling factor is used to:

Accepted Answer

A) change a simple index to a weighted index 
B) convert the paasche index to a laspeyres index 
C) change an aggregate index to a weighted index 
D) change the base year

Question 4

A ______ is a value that may change within the scope of a given problem or set of operations

Accepted Answer

A) constant 
B) variable 
C) function 
D) exponent

Question 5

A simple aggregate quantity index is used to:

Accepted Answer

A) measure the change in price of a product 
B) measure the change in quantity of a product 
C) measure the overall change in quantity of a range of products 
D) measure the overall change in price of a range of products

Exam 5: Time Series Analysis and Index Numbers: Part A

A moving average of a time series is the value around which a series moves over time.

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

A scaling factor is used to:

A ______ is a value that may change within the scope of a given problem or set of operations

A simple aggregate quantity index is used to: