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Value Index Number by Simple Aggregate Method is given by ______. - Mathematics and Statistics

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Question

Value Index Number by Simple Aggregate Method is given by ______.

Options

  • `sum("p"_1"q"_0)/("p"_0"q"_1) xx 100`

  • `sum("p"_0"q"_1)/("p"_0"q"_0) xx 100`

  • `(sum"p"_1"q"_1)/(sum"p"_1"q"_0) xx 100`

  • `(sum"p"_1"q"_1)/(sum"p"_0"q"_0) xx 100`

MCQ
Derivation

Solution

Value Index Number by Simple Aggregate Method is given by `bbunderline((sum"p"_1"q"_1)/(sum"p"_0"q"_0) xx 100)`.

shaalaa.com
Construction of Index Numbers - Simple Aggregate Method
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Chapter 5: Index Numbers - Miscellaneous Exercise 5 [Page 90]

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