Economics · Statistics

What is an index number in economics and statistics?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1A measure of central tendency
2A measure of correlation
3A measure of dispersion
4A statistical measure that tracks changes in a variable or group of variables over time✓

Correct answer

A statistical measure that tracks changes in a variable or group of variables over time

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What is an index number in economics and statistics?

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