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What is index numer in detail?

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What is index numer in detail?

Posted by Reenu Kukreja 8 years, 2 months ago

CBSE > Class 11 > Economics

1 answers

Honey 8 8 years, 2 months ago

Index no. is a statistical measure designed to show changes in a variable or group of related variable with respect to time. FEATURES: 1. It measures relative of percentage change in variables over time. 2. It also shows changes in terms of average.

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