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State whether the following statement is True or False: Pqpq∑P1q1p0q0×100 is the Value Index Number by Simple Aggregate Method - Mathematics and Statistics

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Question

State whether the following statement is True or False:

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

Options

  • True

  • False

MCQ
True or False
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Solution

False

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Chapter 2.5: Index Numbers - Q.3
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