Question

Fisher’s index number does not satisfy: (a) Unit test (b) Circular test (c) Time reversal test (d) Factor reversal test

Answer 1

Hiee mate....

Fishers index number does not satisfy ....unit test..

Answer 2

Fisher’s index number does not satisfy Circular test.

• All methods, except simple aggregative method, assuage by unit test.

• Time reversal test is assuage by

                                 1.Simple aggregative method

                                 2.Kelly’s method.

                                 3.Marshall-Edgeworth’s method and

                                 4.Fisher’s method .

• Factor Reversal Test is fulfilled by Fisher’s index number only.

• Circular test is fulfilled by the following,

                               1. Simple aggregative method and

                               2. Kelly’s method.