Mathematics · Index Numbers
The Drobish-Bowley price index formula is defined as the:
- 1Harmonic mean of Laspeyre's and Paasche's index formulas
- 2Weighted mean of Laspeyre's and Paasche's index formulas
- 3Arithmetic mean of Laspeyre's and Paasche's index formulas✓
- 4Geometric mean of Laspeyre's and Paasche's index formulas
Correct answer
Arithmetic mean of Laspeyre's and Paasche's index formulas
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