Calculate the index number using both the Aggregate Expenditure Method and Family Budget Method for the year 1973 with 1960 as the base year from the following data. Quantity in Units in 1960 Price per Unit in 1960 (Rs.) Price per Unit in 1973 (Rs.) Commodity 100 8.00 12.00 B. 25 6.00 7.50 10 5.00 5.25 52.00 16.50 D. 20 48.00 25 15.00 9.00 27.00 30

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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40
Calculate the index number using both the Aggregate Expenditure
Method and Family Budget Method for the year 1973 with 1960 as the base
year from the following data.
Quantity in
Units in 1960
Price per Unit
in 1960 (Rs.)
Price per Unit
in 1973 (Rs.)
Commodity
100
8.00
12.00
25
6.00
7.50
5.00
5.25
10
20
48.00
52.00
D.
25
15.00
16.50
9.00
27.00
30
Transcribed Image Text:40 Calculate the index number using both the Aggregate Expenditure Method and Family Budget Method for the year 1973 with 1960 as the base year from the following data. Quantity in Units in 1960 Price per Unit in 1960 (Rs.) Price per Unit in 1973 (Rs.) Commodity 100 8.00 12.00 25 6.00 7.50 5.00 5.25 10 20 48.00 52.00 D. 25 15.00 16.50 9.00 27.00 30
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