I to Construct a Special-Purpose Index Designed to Measure General

question 64

Multiple Choice

i. To construct a special-purpose index designed to measure general business activity, the weights are based on the judgments of the statistician and assigned to each series. ii. The Consumer Price Index measures the change in prices of a fixed market basket of goods and services from one period to another.
iii. The CPI is not just one index, but includes a large number of groups, subgroups and selected items, such as a food index, a transportation index and a shelter index.

• 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) (i), (ii), and (iii) are all false statements.

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Definitions:

Border Regularity

A term often used in the evaluation of skin lesions, describing the smoothness or irregularity of the lesion's edges.

Subcutaneous Fat

The layer of fat located just below the skin, serving as insulation and energy storage for the body.

Sebaceous Glands

Oil-producing glands located in the skin, responsible for secreting sebum to lubricate and waterproof the skin and hair.