Types and Uses of Index Numbers
Types and Uses of Index Numbers: Overview
This Topic covers sub-topics such as Index Numbers, Price Index Numbers, Quantity Index Number, Value Index Number, Laspeyres Method, Uses of Index Numbers, Fisher's Price Index, Paasche's Method and, Dorbish and Bowley’s Index
Important Questions on Types and Uses of Index Numbers
The value of the base time period serves as a standard point of comparison:

The weighted aggregative price index hymbers for with as the base year using Fisher's Index Number is
Commodity | Price (in) | Quantities | ||

The weighted aggregative price index numbers for with as the base year using Marshal - Edgeworth Index Number is:
Commodity | Price (in) | Quantities | ||

The consumer price Index goes up from to when salary goes up from to , what is the increase in real terms?

Index Number are expressed as _________

Fisher’s ideal index does not satisfy ______ test

Fisher's ideal formula does not satisfy test______.

For year , price index was with base year . The percentage increase in price index over base year is_____.

A Population comprises of units. The total number of all possible samples each of size units that can be drawn from the population with replacement is:

If Laspeyre's index is and Paasche's index is then Fisher's index is:

Which of the following is correct?

If the ratio between Laspeyre's index number and Paasche's Index number is Then the missing figure in the following table is:
Commodity | Base Year | Current Year | |||
Price | Quantity | Price | Quantity | ||

If the index number of prices at a place in is with as base year, then the prices have increased on average by

Cost of Living Index number is expressed in terms of:

Time reversal Test is satisfied by following index number formula is

Price-relative is expressed in term of

Fisher's ideal index number is

Paasche index is based on

Fisher's index number is based on

Consumer Price index number for the year was with as the base year. The Average Monthly wages in of the workers into factory be their real wages is
