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The simple Aggregative formula and weighted aggregative formula satisfy is
- a)Factor Reversal Test
- b)Circular Test
- c)Unit Test
- d)None of these
Correct answer is option `A`. Can you explain this answer?
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The simple Aggregative formula and weighted aggregative formula satisf...
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- a)Factor Reversal Test
The simple Aggregative formula and weighted aggregative formula satisfy is.
Factor Reversal Test.
The factor reversal test requires that multiplying a price index and a volume index of the same type should be equal to the proportionate change in the current values (e.g. the “Fisher Ideal” price and volume indexes satisfy this test, unlike either the Paasche or Laspeyres indexes).
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The simple Aggregative formula and weighted aggregative formula satisf...
Factor Reversal Test:
The factor reversal test is satisfied when the order of preference of alternatives is not affected by multiplying each alternative by a constant factor. Both the simple aggregative formula and the weighted aggregative formula satisfy this test.
Circular Test:
The circular test is not satisfied by either the simple aggregative formula or the weighted aggregative formula. This test requires that the preference order of alternatives does not change when one of the alternatives is added to or removed from the set of alternatives. However, in both formulas, the addition or removal of an alternative can change the preference order.
Unit Test:
The unit test is satisfied when the preference order of alternatives is not affected by changing the units of measurement used to express the alternatives. Both the simple aggregative formula and the weighted aggregative formula satisfy this test.
Conclusion:
In summary, the simple aggregative formula and the weighted aggregative formula satisfy the factor reversal test and unit test, but not the circular test.
The factor reversal test is satisfied when the order of preference of alternatives is not affected by multiplying each alternative by a constant factor. Both the simple aggregative formula and the weighted aggregative formula satisfy this test.
Circular Test:
The circular test is not satisfied by either the simple aggregative formula or the weighted aggregative formula. This test requires that the preference order of alternatives does not change when one of the alternatives is added to or removed from the set of alternatives. However, in both formulas, the addition or removal of an alternative can change the preference order.
Unit Test:
The unit test is satisfied when the preference order of alternatives is not affected by changing the units of measurement used to express the alternatives. Both the simple aggregative formula and the weighted aggregative formula satisfy this test.
Conclusion:
In summary, the simple aggregative formula and the weighted aggregative formula satisfy the factor reversal test and unit test, but not the circular test.
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The simple Aggregative formula and weighted aggregative formula satisf...
I think option should be d(none of these) as simple aggregative method do not satisfy unit test,factor reversal test,circular test.
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The simple Aggregative formula and weighted aggregative formula satisfy isa)Factor Reversal Testb)Circular Testc)Unit Testd)None of theseCorrect answer is option `A`. Can you explain this answer?
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The simple Aggregative formula and weighted aggregative formula satisfy isa)Factor Reversal Testb)Circular Testc)Unit Testd)None of theseCorrect answer is option `A`. 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 The simple Aggregative formula and weighted aggregative formula satisfy isa)Factor Reversal Testb)Circular Testc)Unit Testd)None of theseCorrect answer is option `A`. 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 The simple Aggregative formula and weighted aggregative formula satisfy isa)Factor Reversal Testb)Circular Testc)Unit Testd)None of theseCorrect answer is option `A`. Can you explain this answer?.
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