How can indexes be classified?
A)Price
B)Quantity
C)Value
D)Weighted or unweighted

Question

Quizplus · Accepted Answer

Indexes can be classified as weighted or unweighted based on how the data points are weighted or adjusted. This is the most appropriate way to classify indexes as it describes the methodology used in constructing the index, rather than a characteristic of the underlying data being measured. Price, quantity, and value are characteristics of the data being indexed and are not appropriate for classification of indexes.

How Can Indexes Be Classified