Economics · Human Development Index (HDI)
Which of the following mathematical methods is structurally used to calculate the composite score of the Human Development Index (HDI)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The simple average of three equally weighted indicators representing life expectancy, infant mortality, and basic literacy
- 2The harmonic mean of three unweighted indices representing health, education, and infrastructure
- 3The geometric mean of three normalized indices representing health, education, and income✓
- 4The arithmetic mean of the normalized indices representing health, education, and income
Correct answer
The geometric mean of three normalized indices representing health, education, and income
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