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6. The price quotations of four different conmodities for 1996 and 1997 are given below. 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. Commodities Unit Weight Price in *000) 1996 1997 Kg. 2.00 4.50 A B Quintal 2.50 3.20 C Dozen 3.00 4.50 Kg. 1.00 1.80

6. The price quotations of four different conmodities for 1996 and 1997 are given below. 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. Commodities Unit Weight Price in *000) 1996 1997 Kg. 2.00 4.50 A B Quintal 2.50 3.20 C Dozen 3.00 4.50 Kg. 1.00 1.80

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
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6. The price quotations of four different conmodities for 1996 and 1997 are given below. 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. Commodities Unit Weight Price in *000) 1996 1997 A Kg. 2.00 4.50 B Quintal 2.50 3.20 C Dozen 3.00 4.50 Kg. 1.00 1.80
Transcribed Image Text:6. The price quotations of four different conmodities for 1996 and 1997 are given below. 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. Commodities Unit Weight Price in *000) 1996 1997 A Kg. 2.00 4.50 B Quintal 2.50 3.20 C Dozen 3.00 4.50 Kg. 1.00 1.80
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