Which one of the following index uses the method of average of base year and current year?

CA Foundation · Quantitative Aptitude · PYQS · January 2025
Which one of the following index uses the method of average of base year and current year?
(A) A. Paasche's Index
(B) B. Laspeyre's Index
(C) C. Marshall-Edgeworth Index
(D) D. Fisher's Index

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Marshall-Edgeworth Index

Topics: Part-C: Statistics

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