12. Calculate Fisher's Ideal Index from the following data and prove that itsatisfies both the time reversal and factor reversal tests:了TIT2015Commodty ting STa PriceA press thera 8Balts so obes 10St 2016Price bleoe Expendituresf thoepre088 Expenditure*8012040561001012 O 8S 8 96ssi 0 5120 Oatatis 5010A Chain tog 08S 54ohe Deex SVISHATTAopYaRage 3mk rel60by ch 20Mde 25J1501sebl6,

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Answered: 12. Calculate Fisher's Ideal Index from…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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II. Complete the following table and solve. Class Limit f 15-24 25-34 35-44 45-54 55-64 65-74 75-84 Find: 10 12 23 17 9 8 11 N= a. Mean b. Variance c. Standard Deviation d. Measure of Position: Q2, Q3, D4, D7, P65 and P85 fix X-X (x-x)² f(x-x)²
Q.2. Below are the commodity data. In the row for one of the commodity named "Toothpaste", their "Quantity" the cell “X" replace with your last two digits of your ID card number. (a) Determine Laspeyers' price index and Laspeyer's quantity index. (b) Determine the Paasche price index. (c) Determine Fisher's ideal index January 2020 Price ($) January 2020 Quantity 99 January 2021 Price ($) January 2021 Quantity X Commodity Toothpaste Shampoo Cough tablets Antiperspirant 4.29 5.49 4.45 4.29 6.29 3.79 4 5.67 4 4.89 6.
Illustration. 21.22. Comment criticaly on the following state- ments: (a) Road accidents resulted in 4513 deaths in 1958 and 5250 in 1967 while the number of women drivers increased in the period. Hence women make bad drivers. (b) Of 300 persons inoculated against influenza during the epide- mic only 12% were affected. This shows a marked improvement com- paring with the remainder of the population for which the equivalent igure was 28%.
6. An economist studies the relationship betweenthe price (x) and weekly demand (y) of a certainproduct. Assume the SLR model utility test findsevidence of a linear relationship between priceand demand. Find the appropriate intervalestimate for the mean demand for all weekswhen the price is $31. We know: n = 5 , X-bar = 30,sx2 = 10 , MSE = 12.1 , and Y-hat = 181 − 2.7x.
14. Given the following information : 2000 2003 Commodity Price Quantity Price Оиаntity 2 74 3 82 A B 5 125 4 140 C 7 40 33 Also, Σ P.q,-962, Σ Ρ,a-1053, Σ Ρ9 1095 , Σ P,9, -1004. Which of the following is true (A) Fisher’s index for 2003 is 90.15. (B) Marshall Edgeworth index for 2003 is 105.13. (C) Marshall Edgeworth index number is good approximation to Fisher's index number. (D) None of these.
Construct a Fisher's Ideal Index from the following data and show that it satisfies time reversal and factor reversal tests : 2013 2014 Items po P1 91 A 10 40 12 45 B 11 50 11 52 C 14 30 17 30 D 8 28 10 29 E 12 15 13 20
Table 1. The manager of Carpet City outlet store needs to be able to forecast accurately demand for Soft Shang carpet. Demand for the past 20 weeks appears in table 1 below. week Demand Forecast Error ABS. Dev Squared Error APE 1 20 2 28 3 22 4 18 5 22 6 22 7 22 8 26 9 23 10 23 11 23 12 27 13 25 14 22 15 23 16 14 17 14 18 15 19 11 20 16 21 22 23 24…
Elvanced%20Business%20Statistics%20Main%20question%20paper%20(A).pdf aper (A).pdf 11 / 23 93% Question 20 (4 marks) The asking prices (in Rands) and the actual selling prices (in Rands), after bargaining, of 8 commodities are given below. Commodity A B C D G H Asking price, x 150 350 400 750 100 650 600 250 Selling price, y 120 200 400 550 80 450 350 200 Find the correlation coefficient for the above data. A. 0.8224 B. 0.3722 C. 0.9438 D. 0.5318 (? ENG A @ D 40 INTL 2021/11/18 11:02 25°C 10 4+ "prt sc delete home end 7 + backspace num lock Y U { }

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