I an Index Is a Convenient Way of Comparing Changes

question 34

Multiple Choice

i. An index is a convenient way of comparing changes for different variables, i.e., average income and food prices.
Ii) No systematic approach to collecting and reporting data in index form was evident in North
America until about 1900.
Iii) The CPI can be used in determining "real" income.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements, but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) All statements are false

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Definitions:

Internal Project Attribute

Characteristics or qualities of a project that are determined by the organization's internal environment, processes, and resources.

Darnall-Preston Complexity Index

A framework used to measure the complexity of projects based on various dimensions such as size, diversity, and uncertainty.

Complexity Index

A measure used to determine the complexity of a system, project, or process, based on various factors such as size, diversity, and interconnectivity.

Project Profiling System

A methodology or tool used to categorize and assess projects based on specific characteristics, risks, and requirements.