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The value index number measures the(a)Changes in prices of a basket of commodities from one period to another (b)Changes in quantities consumed of a basket of commodities over a period of time
(c)Change in the total monetary value of a basket of commodities over a period of time (d)Change in the retail prices of various commodities
The value index number measures the (c) Change in the total monetary value of a basket of commodities over a period of time.
Expert answered|Sting|Points 5087|
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Asked 326 days ago|9/30/2013 8:33:29 AM
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A market researcher wants to find out the buying behavior of the typical household during the weekends. He divides the city into various localities such that each locality represents the city population in terms of age group, gender and social status. Then he randomly selects five localities and surveys each household. Which of the following sampling techniques best describes the method used by the researcher? (a)Cluster sampling (b)Systematic sampling (c)Stratified sampling(d)Convenience ...
Weegy: A market researcher wants to find out the buying behavior of the typical household during the weekends. [ He divides the city into various localities such that each locality represents the city population in terms of age group, gender and social status. Then he randomly selects five localities and surveys each household. Which of the following sampling techniques best describes the method used by the researcher? Answer: (a). Cluster ... (More)
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