Which one of the following index satisfies both time reversal and factor reversal test?
A. Laspeyre's index number
B. Fisher's index number
C. Paasche's index number
D. Kelly's index number
Answer: Option B
Related Questions on Business Statistics and Research Methods
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false

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