Example 20.16 Calculate price index number for the year 1996 with 1986 as the base year from thefollowing data using:(i) Laspeyres index, (ii) Paasche index and (iii) Fisher's index19861996CommodityUnitPrice (Rs)Value (Rs)Qty. ConsumedValue (Rs)A101,5001601,760kgkgB121,0801001,300Metre1590060960Packets945040480CDсD

Answer: Formulas: Laspeyre's price index number, PL01=∑p1q0∑p0q0×100 Paasche's price index number,…

Answered: ample 20. Calculate price index number…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

Nj
a. Set up a contingency table on education (X) and job satisfaction (Y). If needed, round yourpercentages to one decimal place (e.g., 10.4%) .b. Analyze the table to explain if there is a relationship between education and job satisfaction. Inyour answers, be sure to compare the percentages in each row
15 the 1976 are given below. Calculate the index number for 1977 with 1976 as base by using (i) the simple average of price relatives, and (ii) the weighted average of price relatives. price quotations of four different commodities for 1976 and Unit Weight Price in (Rs.) Commodities (Rs. '000) 1976 1977 Kg. Quintal Dozen Kg. 2.00 2.50 3-00 1.00 4.50 3.20 4.50 1,80 В S762 ABCD
Calculate approximately to 3 decimal places the composite price index for all three stock between 2008 and 2011. A. 1.24B. 0.88C. 0.780D. 1.42
Table 1 displays data for money aggregates released by the Central Bank, Country A for the years 2019 - 2021. TABLE 1 2020 (Jan) $ Million 2021 (Jan) 2019 (Jan) $ Million Items $ Million Repurchase agreements Currency in circulation Demand deposits Fixed deposits with commercial banks, Islamic banks and central bank 50.8 105,091.5 344,140.6 0.0 53.5 101,254.1 326.976.9 1,130,449.7 123,007.5 412,203.8 1,158,924.1 1,120,366.7 Foreign currency deposits with commercial banks, Islamic banks and central bank Deposits placed with other banking institutions 145,887.1 155,502.5 159,817.5 9,698.1 10,556.70 2,558.7 Saving deposits with commercial banks Negotiable instruments of deposits 162,067.8 172,797.0 218,820.0 12,375.3 14,366.6 8,824.5 a) Based on the data in Table 1, answer the following questions: i) What is the value of quasi money in 2020? ii) Calculate the values of M2 for 2021
Example 1 From the data given below, calculate the index number of prices for all the years with reference to 1980 as the base year, using Simple Aggregative Method. Items 1980 1981 1982 1983 Rice wheat 57.2 130.3 51.7 56.4 58.7 60.4 121.3 124.6 50.3 135.5 53.3 Sugar 48.2
14 From the following information regarding the price of 3 commo- dities, calculate the index numbers taking average price as base. Commodity A 10 kg. 8 kg. 7 kg. Commodity B 4 kg, 3 kg. 3 kg. Commodity C 2 kg. 3 kg. 3 kg. Year Unit I Price per Rupee II II
32. Compute Laspeyre's, Paasche's, Fisher's and Marshall-Edgeworth's Inday Numbers from the following data. Current Year Quantity Item Base Year Price (Rs.) Quantity Price (Rs.) 25 30 8 4 10 C 10 10 4 3
Table 1. VITAL STATISTICS OF COUNTRY Y 2020 2018 2015 Total population 109,035,343 100,981,437 92,337,852 Total marriages (Based on civil registration) 240,183 431,972 449,169 Total population of women 15-44 years old 32,962,017 28,625,793 26,417,734 Total Births (Based on civil registration) Male 990,390 750,871 632,870 Female 952,126 972,802 487,798 Total Deaths (Based on civil registration) Timely 506,530 509,762 473,987 Late 106,820 110,382 116,803 Deaths during pregnancy 7,938 7,099 6,759 Fetal deaths Early 1,942 1,236 1,326 Intermediate 1,435 1,161 1,288 Late 1,157 1,311 1,046 Infant deaths Less than 7 days 839 623 795 Less than 28 days 1,961 1,911 1,863 Less than 1 year 3,534 3,658 3,080 Top 3 Leading Causes of Mortality 1. Diseases of the circulatory system 691,225 625,213…
Calculate the index number using both the Aggregate Expenditure Method and Family Budget Method for the year 2013 with 2000 as the base year from the following : Quantity in Units in 2000 Price per Unit in 2000 ( ) Price per Unit in 2013 ( .) Commodity 100 8.00 12.00 25 6.00 7.50 10 5.00 5.25 D 20 48.00 52.00 25 15.00 16.50 30 9.00 27.00
Please no written by hand solution Using 1994 as the base year, find the following indices.a) Laspeyres price index for 1995 and 1996b) Paasche price index for the years 1995 and 1996c) Laspeyres quantity index for the years 1995 and 1996d) Paasche quantity index for the years 1995 and 1996

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS