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Qq∑q0∑q1×100 is the Quantity Index Number by Simple Aggregate Method. - Mathematics and Statistics

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Question

`(sum"q"_0)/(sum"q"_1) xx 100` is the Quantity Index Number by Simple Aggregate Method.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is False.

shaalaa.com
Construction of Index Numbers - Simple Aggregate Method
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Chapter 5: Index Numbers - Miscellaneous Exercise 5 [Page 91]

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