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3. The table below gives details of price and consumption of 5 commodities for 1995 and 1997. Using an appropriate formula arrive at an index mumber for 1997 prices with 1995 us base. Consumption vulue 1995 800 Commodities Price per unit 1997 48 Price per unit 1995 Rice 40 Wheat 25 27 400 Oil 95 105 760 Fish 10 120 1100 Milk 80 100 480

3. The table below gives details of price and consumption of 5 commodities for 1995 and 1997. Using an appropriate formula arrive at an index mumber for 1997 prices with 1995 us base. Consumption vulue 1995 800 Commodities Price per unit 1997 48 Price per unit 1995 Rice 40 Wheat 25 27 400 Oil 95 105 760 Fish 10 120 1100 Milk 80 100 480

MATLAB: An Introduction with Applications
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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3. The table below gives details of price and consumption of 5 commodities for 1995 and 1997. Using an appropriate formula arrive at an index number for 1997 prices with 1995 us base. Price per unit 1997 Consumption vulue 1995 800 Commodities Price per unit 1995 Rice 40 48 Wheat 25 27 400 Oil 95 105 760 Fish 110 120 1100 Milk 80 100 480
Transcribed Image Text:3. The table below gives details of price and consumption of 5 commodities for 1995 and 1997. Using an appropriate formula arrive at an index number for 1997 prices with 1995 us base. Price per unit 1997 Consumption vulue 1995 800 Commodities Price per unit 1995 Rice 40 48 Wheat 25 27 400 Oil 95 105 760 Fish 110 120 1100 Milk 80 100 480
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