Fisher's ideal index number is:

CA Foundation · Quantitative Aptitude · MTP · January 2025
Fisher's ideal index number is:
(A) A. The Median of Laspeyre's and Paasche's index numbers
(B) B. The Arithmetic Mean of Laspeyre's and Paasche's index numbers
(C) C. The Geometric Mean of Laspeyre's and Paasche's index numbers
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. The Geometric Mean of Laspeyre's and Paasche's index numbers

Topics: Part-C: Statistics

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