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From the following data base year :-
Fisher’s Ideal Index is
  • a)
    The choice of suitable base period is at best a temporary solution.
  • b)
    The index number is a special type of average.
  • c)
    Those is no such thing as unweighted index numbers.
  • d)
    Theoretically, geometric mean is the best average in the construction of index numbers but in practice, mostly the arithmetic mean is used.
Correct answer is option 'C'. Can you explain this answer?
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From the following data base year :-Fisher’s Ideal Index isa)The choice of suitable base period is at best a temporary solution.b)The index number is a special type of average.c)Those is no such thing as unweighted index numbers.d)Theoretically, geometric mean is the best average in the construction of index numbers but in practice, mostly the arithmetic mean is used.Correct answer is option 'C'. Can you explain this answer?
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From the following data base year :-Fisher’s Ideal Index isa)The choice of suitable base period is at best a temporary solution.b)The index number is a special type of average.c)Those is no such thing as unweighted index numbers.d)Theoretically, geometric mean is the best average in the construction of index numbers but in practice, mostly the arithmetic mean is used.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about From the following data base year :-Fisher’s Ideal Index isa)The choice of suitable base period is at best a temporary solution.b)The index number is a special type of average.c)Those is no such thing as unweighted index numbers.d)Theoretically, geometric mean is the best average in the construction of index numbers but in practice, mostly the arithmetic mean is used.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following data base year :-Fisher’s Ideal Index isa)The choice of suitable base period is at best a temporary solution.b)The index number is a special type of average.c)Those is no such thing as unweighted index numbers.d)Theoretically, geometric mean is the best average in the construction of index numbers but in practice, mostly the arithmetic mean is used.Correct answer is option 'C'. Can you explain this answer?.
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