Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
Chapter 6. INDEX NUMBERS
Q.5. State with reason whether you agree or disagree with the following statement
2. Index numbers are free from limitations.
Options
Agree
Disagree
Reasons: -
No, I disagree with the above statement
Index numbers are generally based on samples.
We cannot include all the items in the construction of the index numbers. Hence they are not free from sampling errors.
Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
