Using Paasche's formula compute the quantity index for the year 1983 with 1975 as base. Commodity Quantity Units Value (in Rs.) 1975 100 80 60 30 1983 150 100 72 33 1975 500 320 150 360 1983 900 500 360 297 ABCD

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.1: Infinite Sequences And Summation Notation
Problem 72E
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Using Paasche's formula compute the quantity index for the year 1983
with 1975 as base.
Commodity
Quantity
Units
Value (in Rs.)
1975
100
80
60
30
1983
150
100
72
33
1975
500
320
150
3.60
1983
900
500
360
297
ABCD
Transcribed Image Text:Using Paasche's formula compute the quantity index for the year 1983 with 1975 as base. Commodity Quantity Units Value (in Rs.) 1975 100 80 60 30 1983 150 100 72 33 1975 500 320 150 3.60 1983 900 500 360 297 ABCD
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