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Show by using the data given in example 5 that Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Laspeyres Method, if the weights are base year values or Po9o- If the current year's quantities were 4, 3 and 1 respectively show that the Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Paasche's Method, if the weights are base year's price multiplied by current year's quantities or poq1.

Show by using the data given in example 5 that Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Laspeyres Method, if the weights are base year values or Po9o- If the current year's quantities were 4, 3 and 1 respectively show that the Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Paasche's Method, if the weights are base year's price multiplied by current year's quantities or poq1.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 13PT
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Show by using the data given in example 5 that Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Laspeyres Method, if the weights are base year values or Po9o- If the current year's quantities were 4, 3 and 1 respectively show that the Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Paasche's Method, if the weights are base year's price multiplied by current year's quantities or poa1.
Transcribed Image Text:Show by using the data given in example 5 that Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Laspeyres Method, if the weights are base year values or Po9o- If the current year's quantities were 4, 3 and 1 respectively show that the Weighted Arithmetic Mean of Price Relatives would give the same index as would be given by Paasche's Method, if the weights are base year's price multiplied by current year's quantities or poa1.
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