The index number,expressed in points,measures:
A)The value,in millions of dollars,of the market capitalisation of the securities in the index
B)The aggregate number of securities in the index
C)The aggregate market capitalisation of the securities in the index
D)The index does not directly measure any physical quantity.

Question

Quizplus · Accepted Answer

The index number is a statistical measure that is not directly tied to physical quantities like the number of securities or their market capitalization in dollars. Instead, it represents changes in a data set relative to a base value, often used to track financial or economic performance over time.

The Index Number,expressed in Points,measures