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Can you explain the difference between Paasche and Laspeyres indices?

Can you explain the difference between Paasche and Laspeyres indices?

Can you explain the difference between Paasche and Laspeyres indices?



 
 
 

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\(E[X]=\mu\) \[\hat{\mu}=\frac{\sum_{i=1}^n x_i}{n}\]

 
 
 

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