11 Given the prices of four commodities, construct price index numbers by using simple aggregative method taking (i) 1962 as base (ii) average of all years aggregate as base.
11 Given the prices of four commodities, construct price index numbers by using simple aggregative method taking (i) 1962 as base (ii) average of all years aggregate as base.
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Solve Q(11)
![42
Basic Statistics Part-I
238
Q.11 Given the prices of four commodities, construct price index numbers by using
simple aggregative method taking (i) 1962 as base (ii) average of all years
aggregate as base.
Commodities (prices in Rs.)
Year
Firewood
Soft Cake
Matches
1962
3.25
2.50
0.20
1963
3.44
2.80
0.22
1964
3.50
0.25
1965
3.75
2.50
0.25
Ans. (i) 100, 108.49, 96.67, 109.15
(ii) 96.55, 104.74, 93.33, 105.38.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff2874fc1-2826-4448-8909-2be131524d8c%2Fed744355-0acf-4366-949c-d6b4f4b2c7fc%2Faif315b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:42
Basic Statistics Part-I
238
Q.11 Given the prices of four commodities, construct price index numbers by using
simple aggregative method taking (i) 1962 as base (ii) average of all years
aggregate as base.
Commodities (prices in Rs.)
Year
Firewood
Soft Cake
Matches
1962
3.25
2.50
0.20
1963
3.44
2.80
0.22
1964
3.50
0.25
1965
3.75
2.50
0.25
Ans. (i) 100, 108.49, 96.67, 109.15
(ii) 96.55, 104.74, 93.33, 105.38.
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