Construct index numbers of price from the following data by applying : Laspeyre's method 2. Paasche's method 3. Bowley's method 4. Fisher's Ideal method, and 5. Marshall-Edgeworth method. Commodity 2010 2011 Price Quantity Price Quantity A 20 8 40 6 B 50 10 60 40 15 50 15 D 20 20 20 25

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Construct index numbers of price from the following data by applying :
Laspeyre's method
2. Paasche's method
3. Bowley's method
4. Fisher's Ideal method, and
5. Marshall-Edgeworth method.
Commodity
2010
2011
Price
Quantity
Price
Quantity
A
20
8
40
6
50
10
60
40
15
50
15
D
20
20
20
25
Transcribed Image Text:Construct index numbers of price from the following data by applying : Laspeyre's method 2. Paasche's method 3. Bowley's method 4. Fisher's Ideal method, and 5. Marshall-Edgeworth method. Commodity 2010 2011 Price Quantity Price Quantity A 20 8 40 6 50 10 60 40 15 50 15 D 20 20 20 25
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