Maharashtra State BoardHSC Commerce (Marketing and Salesmanship) 12th Board Exam
Question Papers156
Textbook Solutions10439
Important Solutions2264
Question Bank Solutions10618
Concept Notes & Videos248
Time Tables23
Syllabus
Advertisement Remove all ads

State whether the following is True or False : ∑p1q1p0q1 is Laspeyre’s Price Index Number. - Mathematics and Statistics

MCQ
True or False

State whether the following is True or False :

`sum("p"_1"q"_1)/("p"_0"q"_1)` is Laspeyre’s Price Index Number.

Options

  • True

  • False

Advertisement Remove all ads

Solution

`sum("p"_1"q"_1)/("p"_0"q"_1)` is Laspeyre’s Price Index Number False.

Concept: Construction of Index Numbers - Weighted Aggregate Method
  Is there an error in this question or solution?
Chapter 5: Index Numbers - Miscellaneous Exercise 5 [Page 91]
Q 3.05
Advertisement Remove all ads

APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 3.05 | Page 91
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications

My Profile

My Profile [view full profile]
Login
Create free account


      Forgot password?
Course
View in app×