What is an index number? Give some examples of index numbers. Why are they useful?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Mar 03, 2024 07:01 AM

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What is an index number? Give some examples of index numbers. Why are they useful?

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Answer An index number is a statistical measure used to represent the relative change in a variable or group of variables over time It typically expre...View the full answer

Statistics For Business And Financial Economics

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