base year and using (i) arithmetic mean, (b) geometric mean, and (c) mediamconstruct the index number by simple relative method for 1998 taking 1995 as iCommoditiesQRS102540Price in 1995Prices in 199820302530153545 From the following data relating to average prices of certain commodities

Answered: Image /qna-images/answer/f550e232-ef5a-45c1-98c1-8c6e2bd8bc7a.jpg

Answered: construct the index number by simple…

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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What are the demerits of arithmetic mean?
4. Let's say you own a piece of art that increases in value by 50% the first year after you buy it. 20% the second year. and 90% the third year. What was the increase of that piece of art on average? What type of average do you have to use? Solution: around 50,66%, using the geometric mean.
Suppose the gasoline taxes (in cents per gallon) are given for the following 5 states: 46, 34.6, 27.7, 9.4, 47.8 Find the mean of these gasoline taxes. Round your final answer to 2 decimal places.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
1.What is the Prevalence as a decimal for college 1 (box a)?Round to the nearest hundredth. 2. which ONE college experienced the highest influenza rate during last year's flu season? 3.what percentage of students had the flu at the college that experienced the highest influenza rate during last year's flu season?Round to the nearest one hundredth
From the following data, find the index numbers for the current year and the base year based on each other and show that the G.M. makes it reversible but the Arithmetic mean does not. Commodity Base year Current year A 25 55 B 30 45
Calculate the mean (that is, calculate the arithmetic mean) of the following set of values. Round to the nearest tenth when applicable. 594 334 595 706 541 626 995

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construct the index number by simple relative method for 1998 takıng 1995 ast base year and using (i) arithmetic mean, (b) geometric mean, and (c) medi- Commodities Q R S 25 Price in 1995 Prices in 1998 20 30 10 40 25 30 15 35 45