Question

Index number is a …………………… tool.

(a) historical (b) geographical (c) statistical (d) linguistic​

Answer 1

Answer:

linguistic

Explanation:

hope helps you

Answer 2

The correct answer is Option(c) statistical.

• Index numbers help to measure the changes between the variables within a given period of time.
• The data can be selected from a number of factors which include prices of the company, productivity of the workers, employment of the workers, etc. These factors are important for calculating the index numbers, which helps in decision-making.
• The Historical tool is based on past events, which have already taken place, it can be taken as a reference.
• The Geographical or demographical tool helps in collecting data region-wise.
• The Linguistic tool helps in studying the different languages.