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    Business Statistics in Practice Study Set 1
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    Exam 16: Time Series Forecasting and Index Numbers
  5. Question
    A Simple Index Is Computed by Using the Values of One
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A Simple Index Is Computed by Using the Values of One

Question 16

Question 16

Multiple Choice

A simple index is computed by using the values of one time series,while a(n) ___________ index is based on a "market basket" consisting of more than one time series.


A) Weighted
B) Aggregate
C) Cyclical
D) Trend

Correct Answer:

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