Construct the price index number for the year 1997, from the following information taking 1996 as base year Commodities Price in 1996 ($) Price in 1997 ($) Rice 130 115 wheat 80 65 Sugar 75 70 Ragi 95 90 Oil 105 105 Dal 35 20

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Construct the price index number for the year 1997, from the following information taking 1996 as base
year
Commodities
Price in 1996 ($)
Price in 1997 ($)
Rice
130
115
wheat
80
65
Sugar
75
70
Ragi
95
90
Oil
105
105
Dal
35
20
Transcribed Image Text:Construct the price index number for the year 1997, from the following information taking 1996 as base year Commodities Price in 1996 ($) Price in 1997 ($) Rice 130 115 wheat 80 65 Sugar 75 70 Ragi 95 90 Oil 105 105 Dal 35 20
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