STATISTICAL TECH IN BUSN CONNECT <LCPO>
STATISTICAL TECH IN BUSN CONNECT <LCPO>
18th Edition
ISBN: 9781266505942
Author: Lind
Publisher: MCG
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Chapter 17, Problem 49CE
To determine

To find: Fisher’s ideal index using the values of Laspeyres and Paasche's indexes as obtained previously.

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. Prepare Index Numbers of prices for three years with average price as the Base from the data given below : Years Rate per Rupee Commodities А B 1990 4 kgs. 2 kgs 1 kg
Question 21 Use the attached information to answer Question 21 and Question 22.Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data.A. 117.7B. 120.1C. 138.9D. 141.8 Question 22 Evaluate the Laspeyres Quantity index for 2020 using 2010 as the base year for the above data.A. 117.7B. 120.1C. 138.9D. 141.8
Q. 8. Construct a price index number from the following figures related to the prices and quantities of certain commodities in 1990 taking 1987 as base. Соmmodity: I II III IV V 32 46 49 57 60 Price in ( $ ) 1987 Price in ( $ ) 1990 Quantity consumed: 47 57 62 70 82 18 12 5 3
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