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.

Written and checked by , MS Computer ScienceLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? [email protected]

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.

Discussion

Stuck on an option, or know a faster way to get there? Ask or explain it here.

No comments yet. Be the first to explain this one.

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.

More Index Numbers and Time Series questions