Fisher's ideal index is the geometric mean of: MCQ with Answer and Explanation

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Fisher's ideal index is the geometric mean of:

A. WPI and CPI

B. Simple aggregative and weighted average

C. Laspeyres and Paasche indices

D. Time reversal and factor reversal

Answer: Option C

Solution (By JKExamLibrary)

Fisher = √(Laspeyres × Paasche).

This question belongs to: Accountancy and Statistics Statistics

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