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Question
Quantity Index Number by Weighted Aggregate Method is given by ______.
Fill in the Blanks
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Solution
Quantity Index Number by Weighted Aggregate Method is given by `bbunderline((sumq_1w)/(sumq_0w) xx 100)`.
Explanation:
The Quantity Index Number by the Weighted Aggregate Method is given by Q1 = `((sumq_1w)/(sumq_0w) xx 100)` where quantities are weighted to reflect their relative importance.
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