Index Number

A. Change a simple index to a weight index
B. Convert the Paasche index to a Laspeyres index
C. Change the base year
D. change an aggregate index to a weighted index

This index measure the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household?

Single number which shows ___________ changes in a phenomenon is called an Index Number?

A scaling factor is used to_________________?

The Index number are used to measure seasonal and cyclical variations in ____________?

Base year quantities are used as weights in _______________?

In Chain base method, the base period is ________________?

Consumer price Index Number also called _________ is designed to measure changes?

Weighted Index number can be classified into _________ categories?

Qon means _________ for the given year?

The Laspeyres and Paasche index are examples of_________________?