Homework Help is Here – Start Your Trial Now!
Math
Statistics
11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 10101.5; E W log P = 199.494; where P= Po on Weighted Arithmetic mean of Price Relatives is : (C) 111.015 ΣPW x 100. The price index number based (A) 101.015 (B) 103.015 (D) 113.015.

11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 10101.5; E W log P = 199.494; where P= Po on Weighted Arithmetic mean of Price Relatives is : (C) 111.015 ΣPW x 100. The price index number based (A) 101.015 (B) 103.015 (D) 113.015.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% | Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 E PW = 10101.5; E W log P = 199.494; where P = x 100. The price index number based %3D Po on Weighted Arithmetic mean of Price Relatives is : (С) 111.015 (A) 101.015 (B) 103.015 (D) 113.015.
Transcribed Image Text:11. An enquiry into the budgets of middle class families in a village gave the following information : Expenses on Food 30% Rent 15% Clothing 20% Fuel 10% | Others 25% Price in Rs. in 1987 100 20 70 20 40 Prices in Rs. in 2005 90 20 60 15 55 E PW = 10101.5; E W log P = 199.494; where P = x 100. The price index number based %3D Po on Weighted Arithmetic mean of Price Relatives is : (С) 111.015 (A) 101.015 (B) 103.015 (D) 113.015.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS