While a simple index is calculated by using the values of one time series, an aggregate index is computed based on the accumulated values of more than one time series.

Name: While a simple index is calculated by using the values of one time series, an aggregate index is computed based on the accumulated values of more than one time series.
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Question

Quizplus · Accepted Answer

A simple index only involves values of one time series, while an aggregate index involves more than one time series.

While a Simple Index Is Calculated by Using the Values