Compute Fisher's ideal index from: Σp₀q₀=200, Σp₀q₁=250, Σp₁q₀=300, Σp₁q₁=360. MCQ with Answer and Explanation

Compute Fisher's ideal index from: Σp₀q₀=200, Σp₀q₁=250, Σp₁q₀=300, Σp₁q₁=360.
A. 146.0
B. 147.0
C. 145.5
D. 146.97
Answer: Option D
Solution (By JKExamLibrary)
Laspeyres = 300/200×100=150. Paasche = 360/250×100=144. Fisher = √(150×144) = √21600 ≈ 146.97.

This question belongs to: Accountancy and Statistics Statistics

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