Calculate the consumer price index number for 2015 on the basis of 2000 from the following data by using (i) the Aggregate expenditure method (ii) the family budget (or) weighted relatives method. Price Commodity Quantity 2000 2015 Wheat 20 15 20 Rice 8 20 24 Ghee 160 200 Sugar 4 40 40 2.
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- What is capital budgeting? What are the differences between screening decisions and preference decisions?Describe what statistical tools, methods, and sampling techniques are used in preparing a Company's Cash flow statements?To encourage participation of students in various exchange programs, the Office of International Relations (OIR) is packaging a proposal for the ASEAN International Mobility for Students Fund to support student exchange programs. To gather information on financial cost and students' motivation to participate in these exchange programs, a survey of past exchange students sent out from 1995-2015 was conducted. Thirty students who have maintained close contact with OIR were interviewed. To estimate the proportion of students who are willing to participate in these exchange programs, another survey was conducted among currently enrolled students. Respondents were randomly selected from each of the nine colleges. Which of the following is(are) TRUE? I. The OR used non-probability sampling in the first survey to identify respondents among exchange students from 1995-2015II. The OIR used probability sampling in the second survey to identify currently enrolled students who are willing to…
- 5. To encourage participation of students in various exchange programs, the Office of International Relations (OIR) is packaging a proposal for the ASEAN International Mobility for Students Fund to support student exchange programs. To gather information on financial cost and students’ motivation to participate in these exchange programs, a survey of past exchange students sent out from 1995-2015 was conducted. Thirty students who have maintained close contact with OIR were interviewed. To estimate the proportion of students who are willing to participate in these exchange programs, another survey was conducted among currently enrolled students. Respondents were randomly selected from each of the nine colleges. Which of the following is(are) TRUE? The OIR used non-probability sampling in the first survey to identify respondents among exchange students from 1995-2015. The OIR used probability sampling in the second survey to identify currently enrolled students who are willing to…Katy Deen, who has just been appointed general manager of the Oca's Wellness and Resort Place, has been given instructions to "get things under control". Upon reviewing the business' income statement, Ms. Deen has concluded that the major problem lies in the variable cost of external services for cleaning and maintenance. She has been provided with the following standard cost in dollars per hour of a certain week of three different maintenance groups for cleaning the swimming pool. Level of significance is 0.01. 1.What is the TOTAL Sum of Squares of the problem? Round off your final answer to TWO decimal places. 2. What is the value of the Mean Sum of Squares Between? Round off your final answer to TWO decimal places. 3. What is the value of the Mean Sum of Squares Within? Round off your final answer to TWO decimal places. 4. Write the comparative of Computed F-value and tabular F-value through inequality notation. What is the decision? Note: Round off Computed F-value to 2…Determine the labour cost variance ASAP
- Consider that Roane county, which calculated that the average firm size (in terms of number of employees) is 150 with a median size of 50, while Anderson county calculated an average and median size of 230 and 255 respectively. Officials from both counties are asking their state legislatures for additional funds to accommodate their growing business size. Do you support their requests, why or why not? Also, are there any additional statistics you might ask for and why?Hello, I'm having trouble calculating the pooled sample porportionAn organization advocating for tax simplification has proposed the implementation of an alternative flat tax system to replace the existing Federal income tax. Featuring a very simple two-line tax form – How much money did you make? Send it In an attempt to identify the partisan nature of support for their proposal, the tax reformers have conducted a simple survey. They collected random samples of n1 = 120 Republican voters and n2 = 80 Democrat voters, polled the sampled respondents and noted for each group the number of voters who favor the flat tax proposal. The results of the survey are summarized in the table below. Political Affiliation Favor (X) Total (n) Proportion (X/n) Republican 90 120 p-hat1 = 90/120 = 0.75 Democrat 50 80 p-hat2 = 50/80 = 0.625 Total 140 200 p-hat = 140/200 = 0.700 Required Parts a. Initial concerns are for assessing the level of support among Democrats in particular, so for now we focus on the Democrat line…
- An organization advocating for tax simplification has proposed the implementation of an alternative flat tax system to replace the existing Federal income tax. Featuring a very simple two-line tax form – How much money did you make? Send it In an attempt to identify the partisan nature of support for their proposal, the tax reformers have conducted a simple survey. They collected random samples of n1 = 120 Republican voters and n2 = 80 Democrat voters, polled the sampled respondents and noted for each group the number of voters who favor the flat tax proposal. The results of the survey are summarized in the table below. Political Affiliation Favor (X) Total (n) Proportion (X/n) Republican 90 120 p-hat1 = 90/120 = 0.75 Democrat 50 80 p-hat2 = 50/80 = 0.625 Total 140 200 p-hat = 140/200 = 0.700 c. The bottom-line issue, with respect to Democratic support for the flat tax, is whether or not Democrats, as a group, favor the flat tax. Do the…An organization advocating for tax simplification has proposed the implementation of an alternative flat tax system to replace the existing Federal income tax. Featuring a very simple two-line tax form – How much money did you make? Send it In an attempt to identify the partisan nature of support for their proposal, the tax reformers have conducted a simple survey. They collected random samples of n1 = 120 Republican voters and n2 = 80 Democrat voters, polled the sampled respondents and noted for each group the number of voters who favor the flat tax proposal. The results of the survey are summarized in the table below. Political Affiliation Favor (X) Total (n) Proportion (X/n) Republican 90 120 p-hat1 = 90/120 = 0.75 Democrat 50 80 p-hat2 = 50/80 = 0.625 Total 140 200 p-hat = 140/200 = 0.700 Required Parts d. Our tax reformers now turn to a comparative analysis of Republican versus Democratic support for the proposed flat tax. Estimate…classify as either observational or experimental designCase 1: Starting Salaries. The National Association of Colleges and Employers (NACE) compiles information on salary offers to new college graduates and publishes the results in Salary Survey.