6. From the following data construct a price index number of the group of fourcommodities by using the appropriate formula :CommodityPogExpenditure (Rs.) Price per unitBase YearCurrent YearPrice per unitExpenditure (Rs.)TAT4075bodlomvtisgos datow ordt 1 esvitsleo ogerovA beeioWbairigiev.C slilViisle Dlo sg.SoVs bo 5tow siugmo 25 ofdieeoq oe 10 el di boriem 60slot840241 bolugmoo jol0 STOW eovitslonoohq ovods btupeib

Answered: Image /qna-images/answer/fa7b6539-f52b-4d51-8e62-d04c5f0503bf.jpg

Answered: 6. From the following data construct a…

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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6. From the following data, Calculate Price Index Number for the current year by Using. (a) Passche's Method and (b) Laspeyre's Method Base Year Current Year Commodity Price Quantity Price Quantity 8 50 20 60 15 6. 10 1 20 8. 10 1 1 40 3. 30 ABCDE
The following table gives average annual prices of commodity during the yer 1982-1991 Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 Price 400 450 525 525 600 675 700 800 825 900 Calculate :(i) Price relatives taking 1982 as base (ii) Price relatives taking 1987 as base (iii) Chain indices
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
The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality. Price # of Countries Rel. f. Cum. f 1.50-1.99 2 2.00-2.49 4 2.50-2.99 7 3.00-3.49 9. 3.50-3.99 7 4.00-4.49 8 4.50-4.99 9 5.00-5.49 7 5.50-5.99 1 6.00-6.49 2 6.50-6.99 1 a. What is the statistical name of the table above? b. How many countries were sampled? c. State the class width. d. Calculate the mean and standard deviation of the average prices of a Big Mac worldwide. Attach correct symbols and units to your answers. Explain how you obtained your answers.
The table below shows the share of income going to each quintile of the income distribution for Neverland in 1980 and 1990. Complete the table below finding the the cumulative share of income for 1980 and 1990 and answer the following: Share of income in Cumulative share of Share of income in Cumulative share of Quintiles 1980 income in 1980 1990 income in 1990 1st 7% 6.6.% 2nd 11.5% 11.5% 3rd 17% 16.3% 4th 24.8% 22.7% 5th 39.7% 42.9% a) Sketch the Perfect Equality line and the Lorenz curve for 1980 and for 1990. Don't forget to label your graph and your curves! b) According to the Lorenz curves that you draw in (a), which year had worse income inequality, 1980 or 1990? JUSTIFY your answer! NOTE: This is a file upload question. Work your answer in a piece of paper, take a picture and upload your file.
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
From the following data construct a price index number of the group of four commodities by using the appropriate formula : Commodity Base Year Current Year Price per unit Expenditure Price per unit Expenditure A 40 75 4 16 40 C 1 10 2 24 5 25 10 60
lustration 13.3. The price quotations for five different commo- dities for 1951 and 1965 are given below. Calculate index number for 1965 with 1951 as base by using the weighted average of price relatives. Commodities 1951 1955 Price per kgm Quantity kgm Price A 6. 50 10 · 2 100 C 4 60 6. 10 30 12 E 8. 40 12
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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