Fishers Ideal Index Number: Calculation, Features and Limitation
Fishers Ideal Index Number is one the important price index number. Prof Irving Fisher developed this index number after an extensive study of 134 different formulae. It is a type of weighted index number. Calculation Process: Calculation process of fishers formula is as follows For calculation, 9 columns are drawn. First columns for commodities, second for price in base year … Continue reading Fishers Ideal Index Number: Calculation, Features and Limitation
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