2. The average prices and quantities of fruits in a certain fixed market for the years 2015 and2017 were as in the table below.Fruit20162017Price/kg (NAD)Quantity (tons)Price/kg (NAD)Quantity (tons)Orange1850016600Banana1527320317Strawberry2238227321Mango1243118284(a) Calculate price index for orange for 2017 with 2016 as base year and interpret it.(b) Use Paasche's approach to calculate composite price index for these fruits for 2017 with2016 as base year and interpret it.(c) Use Laspeyres' approach to calculate composite quantity index for these fruits for 2017with 2016 as base year and interpret it.

Index Numbers: index numbers are numerical figures which indicate the relative position in respect…

Answered: 2. The average prices and quantities of…

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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27. An enquiry into the budgetk of the middle class families in Mumbai gave the following information : Fuel 10% Misc. 20%· Еxpenditure Price (2002) Rs. Price (2003) Rs. Food 35% Rent 15% Clothing 20% 100 20 60 150 50 174 60 125 25 90 The cost of living index in 2003 is : (A) 116.10 (В) 126.10 (C) 136.10 (D) 146.10.
In the construction of the retail price index numbers the weights were assigned as follows. Food 0, Fuel-10, Housing-7, Clothing-4, and Misc.-9. Compute the index number foi the period if the average percentage of increase in prices of the various items were 20, 25, 30, 40, and 50 respectively. If an executive was getting a monthly salary of Rs. 3000 in the base period what should he get in the current period in order that he may be able to maintain his same standard of living.
16. The price quotations of four different commodities for 1996 and 1997 are given befow. Calculate the index number for 1997 with 1996 as base by using (i) the simple average of price relatives, and (ii) the weighted average of price relatives. Unit Weight Price in (Rs.) Commodities (Rs. '000) 1996 1997 2.00 4.50 Kg. Quintal 2.50 3.20 3.00 4.50 Dozen 1.00 1.80 Kg.
15 the 1976 are given below. Calculate the index number for 1977 with 1976 as base by using (i) the simple average of price relatives, and (ii) the weighted average of price relatives. price quotations of four different commodities for 1976 and Unit Weight Price in (Rs.) Commodities (Rs. '000) 1976 1977 Kg. Quintal Dozen Kg. 2.00 2.50 3-00 1.00 4.50 3.20 4.50 1,80 В S762 ABCD
3. What percentage of College students have made at least one online purchase in the last three months? To answer this question, a market researcher surveyed 200 college students. Of those surveyed, 76 said that they had made at least one online purchase (a.) What is the parameter of interest in this study? (b.) Calculate the corresponding point estimate of the population proport
42. In a working class budget enquiry in towns A and B, it was found in 2014 that an average working class family's expenditure on food and other items was as follows : Town A Town B 50% 50% () Food (i) Other items In 2017, the consumer price index stood at 279 for town A, 265 for town B (Base year 2014 = 100). It was known that the rise in the prices of all articles consumed by the working class was the same for A and B. What was the 2017 index for (a) food, and (b) other items ? 64% 36%
10:38. (a) Construct the cost of living index number from the table given below. Index for 1998 550 Expenditure Group 1. Food Clothing 3. Fuel & Lighting 46% 10% 2. 215 7% 220 12% 4. House Rent 150 25% 5. Miscellaneous 275 (b) How is the overall index number altered: (i) if all the group index numbers are changed in the same ratio ; (ii) if all the weights and group indices are changed in the same ratio ; (iii) if all the tion. group index numbers are increased by 10 and all the weights doubled ? re
Table 1. VITAL STATISTICS OF COUNTRY Y 2020 2018 2015 Total population 109,035,343 100,981,437 92,337,852 Total marriages (Based on civil registration) 240,183 431,972 449,169 Total population of women 15-44 years old 32,962,017 28,625,793 26,417,734 Total Births (Based on civil registration) Male 990,390 750,871 632,870 Female 952,126 972,802 487,798 Total Deaths (Based on civil registration) Timely 506,530 509,762 473,987 Late 106,820 110,382 116,803 Deaths during pregnancy 7,938 7,099 6,759 Fetal deaths Early 1,942 1,236 1,326 Intermediate 1,435 1,161 1,288 Late 1,157 1,311 1,046 Infant deaths Less than 7 days 839 623 795 Less than 28 days 1,961 1,911 1,863 Less than 1 year 3,534 3,658 3,080 Top 3 Leading Causes of Mortality 1. Diseases of the circulatory system 691,225 625,213…
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