Mastering Index Numbers: Construction Methods Explained πŸ“Š

Learn the key methods for constructing index numbers, including simple and aggressive approaches, along with techniques like simple average, geometric mean, and more. Perfect for understanding economic and statistical analysis!

Mastering Index Numbers: Construction Methods Explained πŸ“Š
Commerce Educator
226.8K views β€’ Oct 23, 2022
Mastering Index Numbers: Construction Methods Explained πŸ“Š

About this video

Index Numbers-1
Method of constructing Index Number.
simple Aggressive method.
Simple Average of price relatives method.
Arithmetic mean, Geometric mean,Median.
Construction of price Index Number.
Laspeyre's Method,
Paasche's Method,
Fishers Method,
Dorbish and Bowley method,
Marshall Edgeworth Method

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Oct 23, 2022

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