Calculate the price indices from the following data by applying (1) Laspeyre'smethod (2) Paasche's method and (3) Fisher ideal number by taking 2010 as thebase year.20112010CommodityPricesQuantitiesPricesQuantities13A201025750860357404:D53525

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Answered: Calculate the price indices from 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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Construct index number of price from the following data byapplying: Bowley’s method 2016 2016 2017 2017 Commodity Price Quantty Price QuanttyA 2 8 4 6B 5 10 6 5C 4 14 5 10D 2 19 2 13
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The prices and the numbers of various items used by a construction company are listed below: Item 2015 2020 Price (RM) Quantity 1700 Price (RM) Quantity 2000 Cement 16 18 125,000 400 Brick 2 2.5 130,000 TMX Steel 4 5 430 Binding Wire Compute the Fisher's Ideal Price Index for 2020 using 2015 as the base period. 40 600 42 630
Q.3 Explain the following weighted index numbers. (a) Laspeyre's Price Index Number (b) Passche's Price Index Number
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The selling prices of mutual funds change daily. In order to study these changes, a sample of mutual funds was examined and the daily changes in price are listed below. (Round answers to 3 decimal places) 0.32, -0.17, 0.26, -0.03, -0.01, 0.18, 0.33, 0.28, 0.02, -0.29, -0.08, 0.12, 0.07, 0.03, 0.28 a) Using a calculator find Q1, Q3, median and IQR b) Determine the lower and upper fences. (Show work) c) Identify the outliers (if any) in this set
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Calculate the price indices from the following data by applying (1) Laspeyre's method (2) Paasche's method and (3) Fisher ideal number by taking 2010 as the base year. 2010 2011 Commodity Quantities Prices Quantities Prices A 25 13 20 10 7 50 8 60 35 7 40 4 D 25 5 35