59. From the following data, construct a price index number of the group offour commodities by using Fisher's ideal formula :Current yearBase yearCommodityPrice per unitExpenditure (Rs.)Price per unitExpenditure (Rs.)75A4016102540246010415

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Answered: 159. From the following data, construct…

MATLAB: An Introduction with Applications

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ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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From the data given below, using the simple average of price relative comput: (i) Index number for 1998 with 1995 as the base and (ii) Index number for 1995 with 1998 as the base. Comment upon the result, if any. Price Items Unit 1995 1998 6. Rice Dal Ghee kg kg kg 15 20 40 50
Q5. (i) Prices of chocolates each (OMR.): 0.10, 0.19, 0.11, 0.19, 0.17, 0.12, 0.12, 0.12, 0.10, 0.11, 0.13, 0.10, 0.09, 0.11, 0.15,0.13, 0.10, 0.18, 0.09, 0.07, 0.08, 0.06, 0.08, 0.05, 0.07, 0.08, 0.08, 0.07, 0.09, 0.06,0.07, 0.08, 0.07, 0.07, 0.07, 0.08, 0.06, 0.07, 0.06Using 6 class intervals with the lowest starting at 0.05.Set up frequency distributionConstruct frequency histogram (ii) How many ways of four-digit odd numbers can be formed from the set of digits A= {5,6,2,7,4,9,3} if the repetition of digit is not allowed
The following table indicates the unit prices (in Rands) and quantities of three goods purchased every month by a small restaurant for the years 2023 and 2024. GOOD 2023 2024 Unit Price (p0) Quantity (q0)) Unit Price (p1) Quantity (q1) Milk R12.60 2555 R12.85 2705 Eggs R11.00 114 R14.00 107 Flour R65.00 350 R68.50 400 Q.3.1 Using 2023 as the base year, compute the price relative in 2024 for milk and eggs. Interpret your answers. Q.3.2 Using 2023 as the base year, compute the Laspeyres price index for all of the goods for 2024. Interpret your answer. Q.3.3 Using 2023 as the base year, compute the Paasche price index for all of the goods for 2024. Interpret your answer.
Given below are the data relating to the indices and weights of the consumer's items for the current year 1998 : Items Indices Weights Food Fuel Clothing Rent Misc. 200 50 100 17 125 12 160 10 130 11 It is proposed to allow dearness allowance in 1998 is such a manner that it will fully compensate the price rise in food and clothing. Determine such dearness allowance in terms of percentage of wages.
From the following data compute the consumer price Index for the year 1998 w.r.t. the price level of 1997. Food Items Food Rent Clothing Fuel Weight Percentage of increase in prices over the price of 1997 Misc. 7.5 2 2.5 Rice Whe Pul 3 1 50 60 40 20 30
A certain city's power company charges their residents for electricity usage on a daily basis. There is a basic charge of 11.57 cents. For each day the first 10 kWh cost 4.81 cents per kWh and any additional kWhs are 9.69 per kWh. (A kWh, or kilowatt-hour, is a unit of energy.) (a) Complete the following table using the information provided above. kWhkWh 0 5 10 15 20 cost (dollars)cost (dollars) kWhkWh 25 30 35 40 cost (dollars)cost (dollars) (b) We can define a piecewise function f(x)f(x) where xx is the kWh used in a day and f(x)f(x) is the cost, in dollars. This function would have the form f(x)={g(x)h(x)ififx∈Ax∈Bf(x)={g(x)ifx∈Ah(x)ifx∈B What functions g(x)g(x) and h(x)h(x) make up the piecewise function f(x)f(x)? g(x)=g(x)= for A = h(x)=h(x)= for B = Hint: A and B are intervals. If an interval uses ±∞±∞ write inf or -inf . (c) Using the above function, what is the cost of 26 kWh? dollars. (d) For 3 dollars, what is the maximum kWh usage for one…
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From the following data construct Paasche's index number for the year 1998 with the base 1997. 1997 1998 Items Price 6 Quantity Price Quantity P 4 2 3 Q 3 5 1 R. 8 6. S 3 4 8 Cs Scanned with CamScanner 624n
Illustration 13.1. Construct index numbers of prices from the following data using (a) Laspeyre's (b) Paasche's (c) Marshall and fEdgeworth, and (d) Fisher's methods. 1960 1970 Commodity Price Qиantity Price Quantity A 4 50 10 40 3 10 9. 2 C 4 2
10. Compute by Fisher's formula the Quantity Index Number from the data given befow : 2004 2006 Articles Price Total Value Price Total Value A 5 50 4 48 8 49 6. 18 20
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159. From the following data, construct a price index number of the group of four commodities by using Fisher's ideal formula : Current year Base year Expenditure (Rs.) Commodity Price per unit Price per unit Expenditure (Rs.) 75 40 A B. 16 10 25 40 24 60 10 2415