Compute a price index for the following by (a) simple aggregative method (b)average of price relatives method by using both arithmetic mean and geometric mean.CommodityPrice in 2010.Price in 2016ABCDE203010254050253015354555Calculation of Price IndexPrice in 2010Price in 2016x 100Log PCommodityPOPI20251252.0969A1002.00003030

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Answered: Compute a price index for the following…

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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Monday Tuesday Wednesday Thursday Friday Week 1 55 40 33 20 70 Week 2 60 48 50 36 63 Week 3 58 44 38 50 72 Week 4 80 40 40 30 64 Instructions: The table above, which shows income (in thousands of dollars) from sales of a particular product over a four week period. Determine the seasonal variation each of the week Hence calculate the average seasonal variation for each day of the week Plot the graph of the original data and then add the trend line obtained using the moving averages Comment briefly on the trend observed on the graph and calculate the sales figure that is likely to be achieved for the next Monday using the trend line
The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.) Quantity Unit Price ($) Item 2009 2011 2009 2011 A 1,500 1,800 7.50 7.55 B 2 1 650.00 1,500.00 (a) Compute price relatives for each item in 2011 using 2009 as the base period. Item Price Relative A ? B ? (b)Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period. I2011 = ?? (c)Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period. I2011 = ?? (d)Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period. I2011 = ??
Q1: Complete the following frequency table: Production In liters Number Farmer ? center Category ? Repetition Cumulative ?. ? 149 -100 5 199 -150 5 249 -200 8 299 -250 4 349 -300 2 Total 24 Calculate the mean, median and mode, then calculate the coefficient of variation. Examples data by the recurring curve method. Question2: The question measures the mental skills that the student acquired (c1) If you know that it is the lengths of a group of students, it follows a normal distribution with an arithmetic mean of 170 cm and a deflection 5 cm standard, one of the guys was randomly selected (X) Find from the following using the Z tables: P (X< 174) P (X≥ 185) P (179 ≤ X ≤ 182) Q3: This question measures the applied skills of the student (b1) Explain the relationship between the two variables. Find the equation of the yield…
NGAGE MINDTAP tions 1-1a YouTube ssignment: Applications 1-1a uestions ge6fa02h.AP1-1.02 ✪ O O O O O Maps nevoindex.html?deploymentid=60127023425211775496485913&elSBN=9780... A a To Dashboard - HMH Ed Hide Feedback ** . a. What is the mean price? Round your answer to the nearest cent. 679.63 b. What is the median price? 689,5 c. What is the mode price? 699 55 a Q Search this course Note: Please make sure to properly format your answers. All dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). All percentage values in the answers need to include a percentage sign (%). For all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06). Save X Assignment Score: 0.00% Kate is a professional musician. She wants to make an essential purchase of an upgraded used bass guitar for her work. She found the following prices for the same make and model bass guitar…
Use the graph to find the mean weight
The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality. Price # of Countries Rel. f. Cum. f 1.50-1.99 2 2.00-2.49 4 2.50-2.99 7 3.00-3.49 9. 3.50-3.99 7 4.00-4.49 8 4.50-4.99 9 5.00-5.49 7 5.50-5.99 1 6.00-6.49 2 6.50-6.99 1 a. What is the statistical name of the table above? b. How many countries were sampled? c. State the class width. d. Calculate the mean and standard deviation of the average prices of a Big Mac worldwide. Attach correct symbols and units to your answers. Explain how you obtained your answers.
From the data given below construct the quantity index number for the current year using arithmetic mean under the weighted relative method. Base Year Current Year Commodity Price Quantity Price Quantity M 2 40 50 4 50 8. 40 20 9. 30 P 8. 10 6. 20 Q 10 10 5 20
Calculate Fisher's price index from the following data and check whether time Reverse Test is satisfied: Base year (1990) Current year (1995) Commodity Price Quantity Price Quantity A 32 50 30 50 B 30 35 25 40 C 16 55 18 50
27(b) Calculate the Cost of Living Index Number using the weighted geometric mean : Weights Group (1) Food F (2) Fuel and lighting Index Number 350 10 150 59 (3) Clothing 200 150 2 (4) House rent (5) Miscellaneous 225
From the data given below, compute price index numbers using (i) weighted arithmetic average of price relatives, (ii) weighted geometric mean of price relatives. Group Prices in 2010 () .) Prices in 2013 ) Weights Food 100 90 30 Rent 20 20 15 Clothing 70 60 20 Fuel Others 20 15 10 40 55 25
Using the photo attached, One Stop Car Repairs ollects data on the actual demand for its services and uses this data to make forecasts. The actual number of transmissions that were repaired for the last ten periods IS ATTACHED IN THE PHOTO answer the following. 1. Using the trend projection manual method, forecast demand for transmission repairs for periods 11 and 12
As part of the preliminary analysis of the data provided in Table D, the researcher produced the scatter plot below. Average taings, mo = e Scatter plot of Sales vs Earnings (IV) (V) (VI) A. (I), (II), and (VI) B. (II), (III), and (V) C. (III), (IV), and (V) D. (II), (IV) and (V) 40 . 50 Average Annual Sales 60 Which THREE of the following assumptions are inferable or discernible from the scatter plot? (1) Whether the sample of 20 MSMEs is representative of the population of MSMEs in the Western Cape province. Whether the assumption of a linear relationship between the independent variable and the dependent variable has been met or violated. Whether the assumption of normality of the independent variable and the dependent variable has been met or violated. The absence or presence of outliers in the data set. The direction of the relationship between the independent variable and the dependent variable. The significance of the relationship between the independent variable and the…

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