The best average for constructing an Index number is
A) Arithmetic mean
B) Harmonic mean
C) Geometric mean
D) Weighted mean
Correct Answer:
Verified
Q3: Consumer price Index number is constructed for
A)A
Q4: For a normal distribution, Q3 + Q1
Q5: Lorenz curve is used to study
A)Skewness
B)Kurtosis
C)Correlation
D)Dispersion
Q6: Moving average method of fitting trend in
Q7: A time series is unable to adjust
Q9: …………. Index is based on the price
Q10: When mean is less than median and
Q11: Co-efficient of standard deviation is
A)SD / Mediam
B)SD
Q12: Measures of central tendency are called averages
Q13: The standard deviation of 10,16,10,16,10,10,16,16
A)4
B)6
C)3
D)0
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