For given data Σp₁q₀=480, Σp₀q₀=400, Σp₁q₁=600, Σp₀q₁=500. Fisher's index is: MCQ with Answer and Explanation

For given data Σp₁q₀=480, Σp₀q₀=400, Σp₁q₁=600, Σp₀q₁=500. Fisher's index is:
A. 124.9
B. 122.5
C. 121.0
D. 120.0
Answer: Option D
Solution (By JKExamLibrary)
Laspeyres = 480/400×100=120; Paasche = 600/500×100=120; Fisher = √(120×120) = 120.

This question belongs to: Accountancy and Statistics Statistics

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