The weighted aggregate price index with base year quantities taken as weights is known as:
Laspeyres's price index
The correct answer is the Laspeyres's price index. This index uses base year quantities as weights for the calculation of price indices.
Similar Questions
Using empirical formula, calculate the mode for the following data. 17, 20, 21, 18, 25, 28, 24, 22, 16, 24, 25, 24
Find the median of the following data. (Rounded off to 2 decimal places.)
Class interval 0-5 5-10 10-15 15-20 20-25 25-30 30-35
Frequency 3 5 4 2 7 6 5
Find the median of the following data.
Class interval 0 - 20 20 - 40 40 - 60 60 - 80 80 - 100
Frequency 9 16 24 15 4
The age of some students is given in years as 12, 13, 16, 18,14, 19, 13, 17, 15 and 11. The median age (in years) of the students is:
If X ~ N(5,16), then the first quartile of X is equal to:
β2 of normal distribution is _____.
Which of the following is true?
If Q3 - Q2 > Q2 - Q1, the value of Bowley's coefficient of skewness is:
For the uniformly distributed random variable X with a = 0 and b = θ, the value of the ratio of raw moments (μ'3/μ'4) is.
If n1 = 10, n2 = 5 are the sizes of a male and female student group with mean ages x̄1 = 10, x̄2 = 4, respectively, with an equal standard deviation σ1 = σ2 = 1, the standard deviation of the combined series with size n1 + n2 and combined mean x̄ = 8 is equal to:
Important Questions from Statistics
If the value of x is taken as 25 and a pie chart is drawn, what will be the central angle of the field showing the number of students who got marks in the interval 30-40?
If the mean marks of the students is 27.5, then what is the value of x?
Match the following:
(a) Marginalist Revolution (i) Samuelson (b) Multiplier-Accelerator model (ii) J. R. Hicks (c) IS-LM curves (iii) Jevous (d) Real Business Cycle (iv) Robert J. Borro Choose the correct option from those given below:
As per the SRS Bulletin of September 2017, the estimated death rate for Kerala is 7.6, while for Bihar it is 6. From these data which is the correct inference to draw?
Arrange the following States in descending order according to Maternal Mortality Ratio (MMR) as per the Special Bulletin of SRS, May, 2018:
(i) Assam
(ii) Bihar
(iii) Madhya Pradesh
(iv) Uttar Pradesh
Choose the correct answer from the code given below :
