Let 1 stand for "any given period" and 2 stand for "base period." The formula of any index number can be written as
A)value of index at 1 = × 100.
B)value of index at 1 = × 100.
C)value of index at 1 = × 100.
D)value of index at 1 = .
E)value of index at 1 = .

Question

Let 1 stand for "any given period" and 2 stand for "base period." The formula of any index number can be written as
A)value of index at 1 = × 100. 
B)value of index at 1 = × 100. 
C)value of index at 1 = × 100. 
D)value of index at 1 = . 
E)value of index at 1 = .

Quizplus · Accepted Answer

The Answer of Let 1 stand for "any given period" and 2 stand for "base period." The formula of any index number can be written as
A)value of index at 1 = × 100. 
B)value of index at 1 = × 100. 
C)value of index at 1 = × 100. 
D)value of index at 1 = . 
E)value of index at 1 = .

Let 1 Stand for "Any Given Period" and 2 Stand