Which average is practically used for the calculation of index nu… - Vidyadip

MCQ

Which average is practically used for the calculation of index number ?

✓
Weighted mean
B
Geometric mean
C
Mean
D
Mode

✓

Answer

Correct option: A.

Weighted mean

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ" from PART 1 : INDEX NUMBER→PART 1 : INDEX NUMBER — all question types→Statistics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

If two events $A$ and $B$ can not occur simultaneously, what type of events are they called ?

If $P(A) = 0.4$ and $P(B’) = 0.3$ for two independent events $A$ and $B$ of a sample space, then state the value of $P(A ∩ B).$

What is the value of $\lim _{x \rightarrow 3} 3 x-1\ ?$

The possible values of a discrete variable are $1,2,3$ and $4 .$ If $p( l )=p(2)=p(3)=0.3$. find $p(4)$.

Mean and variance of a discrete probability distribution are $3$ and $7$ respectively. What will be $E(X^2)$ for this distribution?

Which type of events are primary events?

What is the maximum value of $P(A),$ the probability of an event $A?$

If $r=0.8$, how much part of the total variation in the dependent variable can be explained by the regression model ?

Which of the following is probability density function for standard normal variable$?$

Which of the following fluctuations is the effect of seasonal component ?