Social Sciences, asked by sannny, 1 year ago

define intex namber?​

Answers

Answered by GEETANSH02163
2

hello

its index number not intex namber

Index numbers are used to measure the changes in one or more variable over a period of time. These numbers are stated as a percentage of a base figure. ... A collection of index numbers for years is referred to as index series. Index numbers are important in economic statistics. In simple terms, an index (or index number) is a number displaying the level of a variable relative to its level (set equal to 100) in a given base period. Index numbers are intended to study the change in the effects of such factors which cannot be measured directly.

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