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From the following data for the 5 groups combined
The general Index number is
  • a)
    270
  • b)
    269.2
  • c)
    268.5
  • d)
    272.5
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
From the following data for the 5 groups combinedThe general Index num...
Correct Answer :- b
Explanation :
Group weight index number  =  Weighted Index/ Total Weight
=  26920/100  
= 269.2
Group weight index number = 269.2
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Most Upvoted Answer
From the following data for the 5 groups combinedThe general Index num...
Product =weight*index number
=35x425
=14875
total product=(14875+3525+4300+920+3300)
=26920
total weight =(35+15+20+8+22)
=100
weighted avg =total product /total weights
=26920/100
=269.2
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From the following data for the 5 groups combinedThe general Index number isa)270b)269.2c)268.5d)272.5Correct answer is option 'B'. Can you explain this answer?
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