An index number which accounts for the relative importance of the item – InterviewSolution

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1.

An index number which accounts for the relative importance of the items is known as (i) weighted index (ii) simple aggregative index (iii) simple average of relatives

Answer»

An index number which accounts for the relative importance of the items is known as

(i) weighted index

(ii) simple aggregative index

(iii) simple average of relatives

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