Which of the following indices does NOT satisfy the time reversal test? MCQ with Answer and Explanation

Which of the following indices does NOT satisfy the time reversal test?
A. Laspeyres index
B. Both Laspeyres and Paasche
C. Paasche index
D. Fisher index
Answer: Option B
Solution (By JKExamLibrary)
Laspeyres and Paasche indices fail the time reversal test; Fisher's index satisfies it.

This question belongs to: Accountancy and Statistics Statistics

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Correct Answer: Option A


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