Example 1 From the data given below, calculate the index number of prices for all the years with reference to 1980 as the base year, using Simple Aggregative Method. Items 1980 1981 1982 1983 Rice wheat 57.2 130.3 51.7 56.4 60.4 121.3 48.2 58.7 124.6 50.3 135.5 53.3 Sugar
Example 1 From the data given below, calculate the index number of prices for all the years with reference to 1980 as the base year, using Simple Aggregative Method. Items 1980 1981 1982 1983 Rice wheat 57.2 130.3 51.7 56.4 60.4 121.3 48.2 58.7 124.6 50.3 135.5 53.3 Sugar
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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Question
![Example 1
From the data given below, calculate the index number of prices for all the years
with reference to 1980 as the base year, using Simple Aggregative Method.
Items
1980
1981
1982
1983
Rice
wheat
57.2
130.3
51.7
56.4
58.7
60.4
121.3
124.6
50.3
135.5
53.3
Sugar
48.2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fef7fc514-dd31-4873-aa0b-f869f00b9a1b%2Fea76d21c-b4c8-41ff-9e76-8704b1ca6307%2Ffarq5du_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Example 1
From the data given below, calculate the index number of prices for all the years
with reference to 1980 as the base year, using Simple Aggregative Method.
Items
1980
1981
1982
1983
Rice
wheat
57.2
130.3
51.7
56.4
58.7
60.4
121.3
124.6
50.3
135.5
53.3
Sugar
48.2
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