Management > Managerial Statistics > Construction of Index Number Following are the steps involved in the construction of index number Purpose of index number: The steps which are taken in the construction of index number generally depend on the purpose of the index number. Hence the purpose of index numbers must be defined clearly, perfectly […]
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Construction of Index Number
- Post author By Hemant More
- Post date June 25, 2019
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- Tags Arithmetic mean, Base year, Chain base, Choice of average, Commodities, Different Weighted Index Method, Dorbish and Browley's Method, Explicit method, Fisher's Ideal Index Number, Fixed base, Geometric mean, Implicit method, Index Number, Lapeyre's Index Number, Managerial Statistics, Marshall Edgeworth Method, Paasche's Index Number, Price index, Price Index by Dorbish and Browley's Method, Price Index by Fisher's Method, Price Index by Laspeyre’s Method, Price Index by Marshall Edgeworth Method, Price Index Number by Paasche's Method, Quantity index, Quantity Index by Dorbish and Browley's Method, Quantity Index by Fisher's Method, Quantity Index by Laspeyre’s Method, Quantity Index by Marshall Edgeworth Method, Quantity Index by Paasche's Method, Selection of Weights, Simple Aggregative Method, Simple Average of Relative Method, Statistics, Value index