What Is The Difference Between Simple Index No And Composite Index No?


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Anonymous Profile
Anonymous answered
Simple Index Numbers : It is computed from a single variable, Examples: Index numbers of enrollment in colleges, index numbers of gold prices, etc.

Composite Index Numbers: It is computed from two or more than two variables, Examples: Wholesale price index numbers, consumer price index numbers.
Rimsha Farooq Profile
Rimsha Farooq answered

compare simple and composite index

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