3. The following data shows prices of three types of fruits over ten years.YearMangoOrangeBlackberry5010015055115155601001254551101306312012065110125770105140875120170601301601065135175Take year 1 as the base year. In that year the production of Mango, Orange, and Blackberry was 50, 25,and 15 thousand kilograms respectively.a) Find the un-weighted index of prices.b) Find the Laspeyres index for fruit prices.c) What is the change in price from year 6 to year 7 if you use un-weighted index.d) What is the change in price from year 6 to year 7 if you use Laspeyres index.e) Is answer to c is different from answer to d. Explain your answer

It is instructed to take year one as the base year. The value of q0 for three products are: For…

Answered: 3. The following data shows prices 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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The following table shows the average monthly production of coal in tonnes for the Year Production Year Production (in tonnes) (in tonnes) 50.0 38.1 36.5 43.0 2010 2011 2012 2013 2014 44.5 38.9 2015 2016 2017 2018 2019 32.6 41.7 41.1 33.8 year 2010-2019. a) Compute the price indices from 2010 to 2019 by taking 2019 as the base year. Compare the price of 2014 and 017. c) What is the percentage (%) change in the production from 2016 to 2019?
6. From the following data construct a price index number of the group of four cömmodities by using the appropriate formula : Commodity Current Year Base Year Price per unit Expenditure Price per unit Expenditure A 2 40 75 16 8 40 C 1 10 2 24 D 25 10 60
industrial workers during the years 1980-87. The consumer price indices for these years with 1980 as base we 10-35. The table given below shows the average wages in rupees per week of a group of are also shown: : 1980 Year Average Wage of Workers (Rs.) . Consumer Price Index () Determine the Real Wage of workers during the years 1980-87 as compared with their wages in 1981 1982 1983 1984 1985 1986 1987 119 133 144 157 175 184 189 194 100 107-6 106-6 107-6 116-2 118-9 119-8 120-2 1980. (ii) Determine the purchasing power of Rupee for the year 1987 as compared te the year 1980. What is the significance of this result ? res
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%
1. One of the important factors in determining population growth rates is the birth rate per 1000 individuals in a population. Below are the birth rates per 1000 individuals for 54 African Nations from a Population Reference Bureau report. The data is provided in ascending order, along with a dotplot. 14 23 25 31 34 36 38 39 41 43 46 17 23 26 31 35 37 38 39 41 43 46 18 24 28 32 35 38 39 39 41 44 47 21 25 29 33 36 38 39 40 43 45 53 23 25 30 33 36 38 39 40 43 45 18 24 30 36 42 48 54 Birth rate (per 1000 population) (a) What measures would you use to describe the center and spread of these data? Justify your answer. (b) Find the five-number summary for these data. (c) Are there any outliers'? Justify your answer. (d) Draw a boxplot of this distribution. .... ...
3) Estimate the average number of years they stay at their current house for all citizens living in that area.
The following data relate to the prices and quantities of 4 commodities in the years 2012 and 2013. Construct the following index numbers of price for the year 2013 by using 2012 as the Base year, . (i) Laspeyre's Index, (ii) Paasche's Index, (iii) Fisher's Ideal Index, 2012 2013 Commodity Price Quantity Price Quantity A 100 6. 150 B 4 80 5 100 C 2.5 60 5 72 D 12.0 30 33

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