In business and economics, index numbers can be classified as
A) price index numbers
B) quantity index numbers
C) value index numbers
D) All of the above
Correct Answer:
Verified
Q4: Another name of consumer's price index number
Q5: An orderly set of data arranged in
Q6: Increase in the number of patients in
Q7: In time series seasonal variations can occur
Q8: In a straight line equation Y =
Q10: _ ignore(s) the relative importance of the
Q11: The circular test is satisfied by
A)Laspeyres' Index
B)Paasche's
Q12: The components or a time series are
A)Secular
Q13: The coefficient of correlation
A)Has no limit
B)Can be
Q14: Index number are expressed in
A)Ratios
B)Squares
C)Percentages
D)Combinations
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