Moderate
1. Nos. is a ____ for measuring changes in a variable or a group of related variables?
Correct answer: C. Device
- A. variable
- B. Region of goods
- C. Device
- D. CostPolitical Science Mcqs
Explanation
An index number is a statistical device for measuring changes in a variable or a group of related variables over time. The wording is slightly corrupted, but “Device” gives the intended definition.
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Practise Index Numbers and Time Series
34 free Index Numbers and Time Series MCQs from Statistics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
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