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प्रश्न
Define true value ratio
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उत्तर
`(sum"p"_1"q"_1)/(sum"p"_0"q"_0)` is the ratio of the total value in the current period to the total value in the base period and this ratio is called the true value ratio.
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संबंधित प्रश्न
Complete the Correlation:
__________ : Single variable :: Composite index : Group of variables
Index numbers that measure changes in the level of output or physical volume of production in the economy −
Assertion (A): Index numbers are statistical devices.
Reasoning (R): Index numbers measure only changes in the price level over a period of time.
Mention the classification of Index Number
Calculate by a suitable method, the index number of price from the following data:
| Commodity | 2002 | 2012 | ||
| Price | Quantity | Price | Quantity | |
| A | 10 | 20 | 16 | 10 |
| B | 12 | 34 | 18 | 42 |
| C | 15 | 30 | 20 | 26 |
Choose the correct alternative:
Most commonly used index number is:
Choose the correct pair :
| Group A | Group B | ||
| 1) | Price Index | a) | `(sump_1q_1)/(sump_0q_0) xx100` |
| 2) | Value Index |
b) |
`(sumq_1)/(sumq_0) xx 100` |
| 3) | Quantity Index | c) | `(sump_1q_1)/(sump_0q_1) xx100` |
| 4) | Paasche's Index | d) | `(sump_1)/(sump_0) xx 100` |
The base year's index of a selected variable is assumed as ______.
Find the odd word out:
Features of Index Number:
Complete the correlation:
P0 : ______ : : P1 : Current year price.
