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Index Number

In CPI household budget method also known as:_____________?

July 18, 2022August 3, 2021 by admin
In CPI household budget method also known as:_____________?

A. Simple average of relatives
B. Average of weights
C. Weighted average of relatives
D. All of above

Categories Index Number, Statistics Mcqs

CPI also named as__________?

July 18, 2022August 3, 2021 by admin
CPI also named as__________?

A. Household price index
B. Retail price index
C. Both a and b
D. None of these

Categories Index Number, Statistics Mcqs

Most commonly used index number is___________?

July 17, 2022August 3, 2021 by admin
Most commonly used index number is___________?

A. Quantity index number
B. Price index number
C. Value index number
D. None of these

Categories Index Number, Statistics Mcqs

The formula ∑pnqn/poqn x100 is used to calculate?

September 6, 2021May 23, 2019 by admin
The formula ∑pnqn/poqn x100 is used to calculate?

A. The Laspeyres price index
B. The Paasche price index
C. The Paasche quantity index
D. The Laspeyres quantity index

Categories Index Number, Statistics Mcqs

The Laspeyres price index_____________?

September 6, 2021May 23, 2019 by admin
The Laspeyres price index_____________?

A. Regards the base year quantities as fixed
B. Regards the base year price as fixed
C. Regards the current year quantities as fixed
D. non of these

Categories Index Number, Statistics Mcqs

This index measure 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?

September 6, 2021May 23, 2019 by admin
This index measure 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. Laspeyres Price Index
B. Financial time Index
C. Paasche Price Index
D. Retail Price Index

Categories Index Number, Statistics Mcqs

A simple aggregate quantity index is used to______________?

September 6, 2021May 23, 2019 by admin
A simple aggregate quantity index is used to______________?

A. Measure the change in quantity of product
B. Measure the overall change in price of a range of products
C. Measure the overall change in quantity of range of product.
D. Measure the change in price of a product

Categories Index Number, Statistics Mcqs

An index number is used______________?

September 6, 2021May 23, 2019 by admin
An index number is used______________?

A. To measure changes in quantity
B. To measure changes in price
C. To measure changes in a variable over time
D. To measure changes in demand

Categories Index Number, Statistics Mcqs

Fisher’s ideal index number is also obtained by _______________?

September 6, 2021May 23, 2019 by admin
Fisher’s ideal index number is also obtained by _______________?

A. Taking A.M. of Laspeyre’s and Paasche’s index
B. Taking G.M. of Laspeyre’s and Paasche’s index
C. Both (a) and (b)
D. None of these

Categories Index Number, Statistics Mcqs

Base year quantities are used as weights in _______________?

September 6, 2021May 23, 2019 by admin
Base year quantities are used as weights in _______________?

A. Laspeyre’s index
B. Paasche’s index
C. Fisher’s index
D. None of these

Categories Index Number, Statistics Mcqs
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