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Fisher's index number is the:

  1. A
    Arithmetic Mean of Laspeyres and Paasche Index Numbers
  2. B
    Geometric Mean of Laspeyres and Paasche Index Numbers
  3. C
    Difference between Laspeyres and Paasche Index Numbers
  4. D
    None of the above

Solution & Step-by-step Explanation

Fisher's Ideal Index Number is defined as the Geometric Mean (G.M.) of the Laspeyres index () and the Paasche index ():

It is called "ideal" because it satisfies both the Time Reversal Test and the Factor Reversal Test.

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Fisher's index number is the:
A
Arithmetic Mean of Laspeyres and Paasche Index Numbers
B
Geometric Mean of Laspeyres and Paasche Index Numbers
C
Difference between Laspeyres and Paasche Index Numbers
D
None of the above

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