13.6. The price quotations of four different com- moaities for 1951 and 1965 are given below. Calculate the index number of 1965 with 1951 as base by using (i) simple average of price relatives: (ii) weighted average of price relatives. (Price in Rs) 1951 Commodity Weight 1965 4.5 2.0 3.2 2.5 4.5 3.0 1.8 1.0 5762 A凶 CD

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13.6. The price quotations of four different com-
moaities for 1951 and 1965 are given below. Calculate the index
number of 1965 with 1951 as base by using (i) simple average of
price relatives: (ii) weighted average of price relatives.
(Price in Rs)
1951
Commodity
Weight
1965
5
4.5
2.0
7
3.2
2.5
C
4.5
3.0
1.8
1.0
Transcribed Image Text:13.6. The price quotations of four different com- moaities for 1951 and 1965 are given below. Calculate the index number of 1965 with 1951 as base by using (i) simple average of price relatives: (ii) weighted average of price relatives. (Price in Rs) 1951 Commodity Weight 1965 5 4.5 2.0 7 3.2 2.5 C 4.5 3.0 1.8 1.0
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