7. Compute by Fisher's formula the Quantity Index Number from the data given below :19941996ArticiesPriceTotal ValuePriceTotal ValueA550B4848C6.1849520

Index number are broadly classified as simple index number and weighted index number. Aggregate…

Answered: 7. Compute by Fisher's formula the…

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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Compute by Fisher's Index Formula, the quantity index from the data given below : Commodity Price Value Price Value A 10 100 8 96 B 16 96 14 98 12 36 10 40
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?
2
he following information is on food items for the years 2010 and 2018. 2010 2018 Item Price Quantity Price Quantity Margarine (pound) $ 0.81 18 $ 2.00 27 Shortening (pound) 0.84 5 1.88 9 Milk (1/2 gallon) 1.44 70 2.89 65 Potato chips 2.91 27 3.99 33 Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 2 decimal places.)
9. Using Paasche's formula, compute the quantity index for the year 1983 with 1975 base. Comtiodity Quantity Units Value (in 1975 1983 1975 1983 A 100 150 500 900 B 80 100 320 500 C 60 72 150 360 D. 30 33 360 297
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
The following table shows the average monthly production of coal in tonnes for the year 2010-2019. Year Production (in tonnes) Year Production (in tonnes) 2010 50.0 2015 38.1 2011 36.5 2016 32.6 2012 43.0 2017 41.7 2013 44.5 2018 41.1 2014 38.9 2019 33.8 Compute the price indices from 2010 to 2019 by taking 2019 as the base year. Compare the price of 2014 and 2017. What is the percentage (%) change in the production from 2016 to 2019?
-111. Compute by Fisher's Index Formula, the quantity index from the data given below : Соmmodity Price Value Price Value 10 100 8 96 uptonb 96 36 16 14 98 ovideler 12 C 10 40
7. Calculate the weighted price index from the following data : Quantity required Price during 1995 Materia! Unit 1994 i required 2$ $ 8.0 Cement Timber Steel sheet: Bricks 500 lb. 2,000 c.ft. 50 cwt. 5.0 9.5 100 lb. c.ft. 14.2 34.0 12.0 cwt. 42.0 per '000 20,000 24.0
2. Discuss the Price Index most commonly used in your country. How is it calculated?
your car is more crowded than you think. table 5.8 reports results from a 1969 personal transportation survey on "home-to-work" trips in metropolitan areas. The survey stated that the average car occupancy was 1.4 people. check that calculation.

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7. Compute by Fisher's formula the Quantity Index Number from the data given below 1994 1996 Articles Price Total Value Price Total Value A 5 50 4 48 B 48 7. 49 18 5 20