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प्रश्न
Distinguish between:
Simple Index Numbers and Weighted Index Numbers.
अंतर स्पष्ट करें
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उत्तर
| Simple index numbers | Weighted index numbers | |
| 1) | Simple index numbers are a method of constructing an index number in which every commodity is given equal importance. | Weighted index numbers are a method of constructing an index number in which suitable weights are assigned to various commodities. |
| 2) | This method can be used to construct price, quantity, and value index numbers, but it does not consider the relative importance of commodities. | This method can also be used to construct price, quantity, and value index numbers, and it considers the relative importance of commodities by assigning suitable weights. |
| 3) | It is the easiest method for constructing index numbers. | It is relatively complex compared to simple index numbers. |
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