Question

simple index number and weightrd index number different between in 4 points​

Answer 1

Answer:

In the simple index number all items of the series are treated as of equal importance. In the weighted index, weights are accorded to different items depending on their relative importance.

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Answer 2

Answer:

Simple index numbers is a method of constructing an index number in which every commodity is given equal importance. Weighted index numbers is a method of constructing an index number in which suitable weights are assigned to various commodities. ... It is the easiest method for constructing index numbers.