In this particular case, it is price relative. Weighted average of price relatives: In these Index Numbers value weights/relative importance [w] of the items are considered. Students can also read Karnataka 2nd PUC Statistics Model Question Papers with Answers.Unit II INDEX NUMBERSMeaning, characteristics, uses and limitations.
3 You Need To Know About Stats Assignment Business
P.comHigh Lights of the Topic:→ Index numbers were originally developed to show the effect of changes in prices on the cost of living.5pt;line-height:
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bold” lang=”EN-IN”>You can repeat/ watch the audio-video lectures any number of times till
the concept is clear
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