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Paasche Quantity Index is given by the formula ___________.

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Paasche Quantity Index is given by the formula ___________.
1. (∑Qn2. (∑Qn3. (∑Qo4. (∑Qn<span style=" background-color: transp
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Correct Answer - Option 2 : (∑Qn Calculation In constructing quantity index number, we measure the changes in quantities and when we use price or value as weight. Quantity indices can be easily obtained by changing p to q and q to p  ∴ Paasche quantity indices is (∑QnPn)/(∑QoPn)  Qn = Current year quantity Pn = Price index for current year QO = Quantity for base year
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