Mathematics · Index Numbers and Time Series
Match List I with List II regarding concepts of index numbers and statistical measurements: LIST ILIST IIA. Quantity indexI. Measures relative price change over a period of time.B. Time seriesII. Measures change in quantity of consumption of goods over a specific period of time.C. Price indexIII. Measures average value of goods for a specific time period.D. Value indexIV. Statistical observations taken at different points of time for a specific period of time. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A - II, B - IV, C - I, D - III✓
- 2A - III, B - IV, C - I, D - II
- 3A - II, B - III, C - I, D - IV
- 4A - III, B - I, C - II, D - IV
Correct answer
A - II, B - IV, C - I, D - III
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