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Theoretically which average is considered as the best average in the construction of index number?

+1 vote

asked Feb 15, 2018 in Class 12 by kratos

Theoretically which average is considered as the best average in the construction of index number?

class-12
index numbers
business statistics
statistics

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1 Answer

+3 votes

answered Aug 1, 2020 by kratos

Best answer

Geometric mean.

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