logo

Cambridge IGCSE Statistics practice

Which of the following is an example of a weighted aggregate index number?

Try the question first, then check the answer and practise the same topic again.

At a glance

MCQ

Type

cambridge_mcq

Style

Topic

Index numbers

Exam-style question

Try this first

Which of the following is an example of a weighted aggregate index number?.

  1. A.Simple average of prices
  2. B.Consumer price index using expenditure weights
  3. C.Median value of quantities
  4. D.Range of values in a dataset

Answer and explanation

Attempt the question first, then reveal the model answer and explanation.

Common mistake

No common mistake is linked to this question yet.

Related flashcards

Flashcard 1 of 6

Press Space to flip, arrows to move

Related practice questions

Question 1 of 5

Choose an answer, get feedback, then move sideways through the set.

0 of 3 attempted

Paper 1 structured question: Index numbers

Paper 1Statistical Techniques3 marks

Data Table

Production Data

Quantities and weights for products A, B, and C

ProductQuantityWeight
A1000.5
B1500.3
C2000.2
  1. a

    Calculate the weighted aggregate index number for the quantities produced using the given weights.

    Aim for approximately 3 distinct marking points.

    [3]