G.M. between __________ is called to be Fisher's Index Number?
Correct answer: C. Laspeyre's and Paasche's
- A. Paasche's Index Number
- B. Marshall and Laspeyr'es
- C. Laspeyre's and Paasche's
- D. Fisher and Paasche's
Explanation
Fisher's index is the geometric mean of the Laspeyres and Paasche indices, calculated as the square root of their product. It is therefore called the ideal index in many textbooks.
Last updated
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.
Exams that ask Statistics questions like this
Statistics is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
Related questions
1. Nos. is a ____ for measuring changes in a variable or a group of related variables?
A scaling factor is used to_________________?
A simple aggregate price index_____________?
A time series is an arrangement of data according to __________________?
All Index numbers are not suitable for all _________________?