# Stats

## In family budget method, the cost of living index number is —–.

Question: In family budget method, the cost of living index number is —–. Correct Answer: Answer Answer Σpw / Σw View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question bank of all your subject for study purpose. Contact us for purchase membership and …

## —– is known as Ideal index number.

Question: —– is known as Ideal index number. Correct Answer: Answer Answer Fisher’s index number View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question bank of all your subject for study purpose. Contact us for purchase membership and study link of all your …

## Fisher’s ideal index number is the —– of Laspeyer’s and Paasche’s index numbers.

Question: Fisher’s ideal index number is the —– of Laspeyer’s and Paasche’s index numbers. Correct Answer: Answer Answer Geometric mean View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question bank of all your subject for study purpose. Contact us for purchase membership and …

## The weights used in Passche’s formula belong to

Question: The weights used in Passche’s formula belong to(a) The base period(b) The given period(c) To any arbitrary chosen period(d) None of the above Correct Answer: Answer Answer (b) The given period View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question bank of …

## An appropriate method for working out consumer price index is

Question: An appropriate method for working out consumer price index is(a) weighted aggregate expenditure method(b) family budget method(c) price relative method(d) none of the above Correct Answer: Answer Answer (b) family budget method View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question bank …

## The condition for the time reversal test to hold good with usual notations is

Question: The condition for the time reversal test to hold good with usual notations is(a) P01 × P10 = 1(b) P10 × P01 = 0(c) P01 / P10 = 1(d) P01 + P10 = 1 Correct Answer: Answer Answer (a) P01 × P10 = 1 View Other Statistics Online MCQ Yes, you can view online …

## The geometric mean of Laspeyere’s and Passche’s price indices is also known as

Question: The geometric mean of Laspeyere’s and Passche’s price indices is also known as(a) Fisher’s price index(b) Kelly’s price index(c) Marshal-Edgeworth index number(d) Bowley’s price index Correct Answer: Answer Answer (d) Bowley’s price index View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question …

## Laspeyre’s index formula uses the weights of the

Question: Laspeyre’s index formula uses the weights of the(a) base year(b) current year(c) average of the weights of a number of years(d) none of the above Correct Answer: Answer Answer (a) base year View Other Statistics Online MCQ Yes, you can view online mcq of statistics subject on this page and get dedicated question bank …