Write briefly any 4 challenges statistician faces while constructing Index Numbers. Write your answer here only, in points.
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Difficulties in the Selection of the Base Period: ...
Difficulties in the Selection of Commodities: ...
Difficulties in the Collection of Prices: ...
Arbitrary Assigning of Weights: ...
Difficulty of Selecting the Method of Averaging: ...
Difficulties Arising from Changes Overtime: ...
Not All Purpose: ...
International Comparisons not Possible:
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