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

MCQ

Choose the correct alternative :

Quantity Index Number by Weighted Aggregate Method is given by

Options

  • `sum("q"_1"w")/("q"_0"w") xx 100`

  • `sum("q"_0"w")/("q"_1"w") xx 100`

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

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

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Solution

Quantity Index Number by Weighted Aggregate Method is given by `(sum"q"_1"w")/(sum"q"_0"w") xx 100`.

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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 1.05 | Page 89
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