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Pqpq∑p0q0p1q1×100 is Value Index Number by Simple Aggregate Method. - Mathematics and Statistics

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Question

`sum ("p"_0"q"_0)/("p"_1"q"_1) xx 100` is Value Index Number by Simple Aggregate Method.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is false.

Explanation:

`(sum"p"_1"q"_1)/(sum"p"_0"q"_0) xx 100` is the value index number by simple aggregate method.

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Chapter 5: Index Numbers - Miscellaneous Exercise 5 [Page 91]

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Balbharati Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 3.03 | Page 91
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