Download App

Index Numbers — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIndex Numbers1 Mark
MCQ
The best average for constructing an index numbers is:
  • A
    Harmonic mean.
  • B
    Arithmetic mean.
  • ✓
    Geometric mean.
  • D
    None of these.
✓

Answer

Correct option: C.
Geometric mean.
Geometric 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 "M.C.Q (1 Marks)" from Index Numbers→Index Numbers — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

The weight assigned to compute $\text{CPI} \ ($Combined Category$)$ for miscellaneous items is:
→
Explain the relationship TC, TFC & TVC.
→
Extreme value has $......$ effect on mode.
→
The headings of the rows given in the first column of a table are called:
→
"While calculating median in a continuous frequency distribution with unequal class intervals, it is required to convert it frequency distribution with equal class intervals." This statement is:
→
If all the points lie on the same downward sloping line, the correlation is said to be:
→
Which of the following devices is used for measuring differences in the magnitude of a group of related variables?
→
Correlation coefficient is dependent on the choice of both origin and the scale of observations.
→
Indicate the most appropriate alternative from the multiple choices provided against question.
The most suitable average for qualitative measurement is:
→
The total of the deviation of a set of observation from their mean is always:
→