The following table gives the prices of some food items in the base year and current year and the quantities sold in the base year and current year. Commodity 2000 2005 Price (K) Quantity Price (K) Quantity A 15 15 22 12 B 20 5 27 4 C 4 10 7 5 Compute the following price index numbers for 2005 from the above table: Laspeyre’s price index number Paasche’s price index number
The following table gives the prices of some food items in the base year and current year and the quantities sold in the base year and current year. Commodity 2000 2005 Price (K) Quantity Price (K) Quantity A 15 15 22 12 B 20 5 27 4 C 4 10 7 5 Compute the following price index numbers for 2005 from the above table: Laspeyre’s price index number Paasche’s price index number
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The following table gives the prices of some food items in the base year and current year and the quantities sold in the base year and current year.
Commodity |
|
2000 |
|
2005 |
||
|
|
|
|
|
|
|
|
Price (K) |
|
Quantity |
Price (K) |
|
Quantity |
|
|
|
|
|
|
|
A |
15 |
|
15 |
22 |
|
12 |
B |
20 |
|
5 |
27 |
|
4 |
C |
4 |
|
10 |
7 |
|
5 |
|
|
|
|
|
|
|
Compute the following price index numbers for 2005 from the above table:
- Laspeyre’s price index number
- Paasche’s price index number
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