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Question

The formula used for finding the simple aggregate index numbers is:

This question was previously asked in
SSC CGL 2024 (Tier-I) Previous Year Paper (17-Sep-2024) (Shift 3)
The correct answer is

\(\frac{\sum p_{ij}}{\sum p_{oj}} \times 100\)

The simple aggregate index compares the total current prices (\(\sum p_{ij}\)) to total base-year prices (\(\sum p_{oj}\)), expressed as a percentage. This measures overall price change without weighting.

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Similar Questions

  1. Calculate the median using the following data.

    Lower class boundary of the median class = 40

    Total frequency = 120

    Frequency of the median class = 35

    Less than cumulative frequency of the post median class = 37

    Class width = 20

  2. The ______ is an unbiased estimator of the population mean.

  3. If xi = i / 5 + 2, where i = 1, 2,..., 5, then the mean of x1, x2, ..., x5 is:

  4. How many employees get salaries less than Rs 30,000?

    Salary Data of Employees in a Company

    The following data shows salaries of all the employees of a company:

    Salary (in Rs.) / वेतन (रुपये में)0 - 10,00010,001 - 20,00020,001 - 30,00030,001 - 40,00040,001 - 50,000
    Number of Employees / कर्मचारियों की संख्या235105504020
  5. Calculate the standard deviation if the mean of a certain set of observations is 20 and the mean of the squares of the same observations is 500.

  6. Calculate the coefficient of range for the following set of data: 3, 6, 6, 8, 9 and 12.

  7. If the mean of a certain set of data is 16 and variance is 4, then find the coefficient of variance.

  8. If a set of points represent probability density, then the third central moment is the ___________.

  9. What is the mean of a data if its Pearson's coefficient of skewness is 0.25, standard deviation is 6 and mode is 18?

  10. Coefficient of Kurtosis β2 = ____________, where μ2 and μ4 are the second and fourth moments about mean.


Important Questions from Statistical estimation

  1. In a random sample of $x=16$, the mean ($\bar{x}$) is 40, and the standard deviation (sd) is 4.0. The 95% confidence interval ($Z=1.96$) for the mean is :
  2. Calculate the median using the following data.

    Lower class boundary of the median class = 40

    Total frequency = 120

    Frequency of the median class = 35

    Less than cumulative frequency of the post median class = 37

    Class width = 20

  3. The ______ is an unbiased estimator of the population mean.

  4. If xi = i / 5 + 2, where i = 1, 2,..., 5, then the mean of x1, x2, ..., x5 is:

  5. How many employees get salaries less than Rs 30,000?

    Salary Data of Employees in a Company

    The following data shows salaries of all the employees of a company:

    Salary (in Rs.) / वेतन (रुपये में)0 - 10,00010,001 - 20,00020,001 - 30,00030,001 - 40,00040,001 - 50,000
    Number of Employees / कर्मचारियों की संख्या235105504020
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