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Problems In Construction Of Index Number...

Problems In Construction Of Index Number

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Knowledge Check

  • Which one of the following measures of central tendency is used in construction of index numbers?

    A
    Harmonic mean
    B
    Geometric mean
    C
    Median
    D
    Mode
  • Which one of the following measures of central lendency is used in construction of index mumbers?

    A
    Harmonic mean
    B
    Geometric mean
    C
    medium
    D
    Mode
  • Whose formula is considered ideal for the construction of index number?

    A
    Paasche's formula
    B
    Laspeyer's formula
    C
    Fisher's formula
    D
    None of these
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