Statements that apply to weighted index numbers.
(a) Every commodity is given equal importance.
(b) It assigns suitable 'weights' to various commodities.
(c) In most of the cases, quantities are used as weights.
(d) Laaspeyre's and Paasche's method is used in the calculation of weighted index numbers.
Options :
(1) b, c and d
(2) a, c and d
(3) a, b and d
(4)a, b, c and d
