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11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 10101.5; E W log P = 199.494; where P= Po on Weighted Arithmetic mean of Price Relatives is : (C) 111.015 ΣPW x 100. The price index number based (A) 101.015 (B) 103.015 (D) 113.015.

11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 10101.5; E W log P = 199.494; where P= Po on Weighted Arithmetic mean of Price Relatives is : (C) 111.015 ΣPW x 100. The price index number based (A) 101.015 (B) 103.015 (D) 113.015.

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% | Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 E PW = 10101.5; E W log P = 199.494; where P = x 100. The price index number based %3D Po on Weighted Arithmetic mean of Price Relatives is : (С) 111.015 (A) 101.015 (B) 103.015 (D) 113.015.
Transcribed Image Text:11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% | Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 E PW = 10101.5; E W log P = 199.494; where P = x 100. The price index number based %3D Po on Weighted Arithmetic mean of Price Relatives is : (С) 111.015 (A) 101.015 (B) 103.015 (D) 113.015.
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