Maharashtra State BoardHSC Commerce 12th Board Exam
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Choose the correct alternative : Fisher’s Price Number is given by - Mathematics and Statistics

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MCQ

Choose the correct alternative :

Fisher’s Price Number is given by

Options

  • `sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100`

  • `sqrt((sum"p"_0"q"_0)/(sum"p"_1"q"_0) xx (sum"p"_0"q"_1)/(sum"p"_1"q"_1)) xx 100`

  • `sqrt((sum"p"_0"q"_1)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_1"q"_0)) xx 100`

  • `sqrt((sum"p"_1"q"_0)/(sum"p"_1"q"_1) xx (sum"p"_0"q"_0)/(sum"p"_0"q"_1)) xx 100`

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Solution

Fisher’s Price Number is given by `sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100`.

Concept: Construction of Index Numbers - Weighted Aggregate Method
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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.1 | Page 90
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