EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 17, Problem 31CE
To determine

Find Fisher’s ideal index.

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In a particularly small region in the Philippines, the consumer price index C depends on
Construct the following Weighted Aggregative Price index for 2021 on the basis of 2017 data; Laspeyer’s Index Paasche’s Index Fisher’s Ideal Index Dorbish and Bowley’s Index Commodity Prices Quantities   2017 2021 2017 2021 A 150 330 8000 11000 B 55 105 700 650 C 4420 9000 30 35 D 700 1334 475 365 E 320 320 436 780
Construct index number of price from the following data byapplying: a ) Laspeyre’s method Commodity Price Quantty Price QuanttyA                   2         8           4        6B                   5        10          6        5C                  4         14         5         10D                 2          19         2        13
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