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Choose the correct alternative: Price Index Number by using Weighted Aggregate Method is given by - Mathematics and Statistics

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Question

Choose the correct alternative:

Price Index Number by using Weighted Aggregate Method is given by

Options

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

  • `sum"p"_1"w" xx 100`

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

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

MCQ
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Solution

`(sum"p"_1"w")/(sum"p"_0"w") xx 100`

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Construction of Index Numbers - Weighted Aggregate Method
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Chapter 2.5: Index Numbers - Q.1

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