UGC NET
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Eduncle Asked an Mcq
March 2, 2020 2:46 pm
  • UGC NET
  • Economics

Given below are two statements – one is labelled as Assertion (A) and the other is labelled as Reason (R) : 

Assertion (A) : Geometric Mean is theoretically considered as the best average to Construct Index Numbers
Reason (R) : Geometric mean is used if the range of observations are extremely large
In the light of the above two statements, choose the correct option : 

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  • Eduncle Best Answer

    Both the statements are correct.

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