The object of Index number also determines its _______________?
Correct answer: D. Scope
- A. Index Number
- B. Special purpose
- C. Reliable
- D. Scope
Explanation
The objective of constructing an index determines its scope, including the variables, items, population and period covered. A special-purpose index is one possible type, not what the object itself determines.
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
Single number which shows ___________ changes in a phenomenon is called an Index Number?
Link relative = ________________?
The weighty system changed with _______________?
Average calculated used in index number by __________ method?
G.M. between __________ is called to be Fisher's Index Number?
Consumer price Index Number also called _________ is designed to measure changes?