7 Example 13. Compute Fisher's Ideal quantity index number from the following data:Сommodity20042005Price (Rs.)Total value (Rs.)PriceTotal value (Rs.)A550448В8.48749C18520

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Answered: Example 13. Compute Fisher's Ideal…

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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Pop (1000's) Exports in billion $ 22,757 81.2 43,586 30.8 47,904 172.6 40,038 120.5 8,875 95.5 7,283 91.3 66,494 26.9 2,407 46 59,648 282 278,059 776 23,917 32.8 1,029,991 43.1 228,437 64.7 66,129 25 23,332 21.8 3,840 73.5 57,680 241.1 126,771 450 2,041 23.2 5,240 13.9 443 7.6 101,879 168 15,981 210.3 3,864 14.6 126,635 22.2 4,503 59.2 38,634 28.4 10,066 26.1 769 9.8 145,470 105.1
8. Magazine Sales The following table shows the income, measured in thousands of dollars, from sales of a certain magazine at the start of the given year.
he following information is on food items for the years 2010 and 2018. 2010 2018 Item Price Quantity Price Quantity Margarine (pound) $ 0.81 18 $ 2.00 27 Shortening (pound) 0.84 5 1.88 9 Milk (1/2 gallon) 1.44 70 2.89 65 Potato chips 2.91 27 3.99 33 Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 2 decimal places.)
10:38. (a) Construct the cost of living index number from the table given below. Index for 1998 550 Expenditure Group 1. Food Clothing 3. Fuel & Lighting 46% 10% 2. 215 7% 220 12% 4. House Rent 150 25% 5. Miscellaneous 275 (b) How is the overall index number altered: (i) if all the group index numbers are changed in the same ratio ; (ii) if all the weights and group indices are changed in the same ratio ; (iii) if all the tion. group index numbers are increased by 10 and all the weights doubled ? re
9. Using Paasche's formula, compute the quantity index for the year 1983 with 1975 base. Comtiodity Quantity Units Value (in 1975 1983 1975 1983 A 100 150 500 900 B 80 100 320 500 C 60 72 150 360 D. 30 33 360 297
10. Compute by Fisher's formula the Quantity Index Number from the data given befow : 2004 2006 Articles Price Total Value Price Total Value A 5 50 4 48 8 49 6. 18 20
5. What percent below is closest to the annual percent increase that will allow a town's population of 25,000 to increase to 34,000 over an 8-year period? (1) 3.6% (3) 1.1% (2) 3.9% (4) 4.5%
lustration 13.3. The price quotations for five different commo- dities for 1951 and 1965 are given below. Calculate index number for 1965 with 1951 as base by using the weighted average of price relatives. Commodities 1951 1955 Price per kgm Quantity kgm Price A 6. 50 10 · 2 100 C 4 60 6. 10 30 12 E 8. 40 12
56. From the following data calculate the cost of living index number by the family budget mehtod. Also obtain the expenditure of the person in the year 2013 if his ex- penditure is 2010 is Rs. 600. Price 2010 Price 2013 Weight Group Food Clothing Rent 12 60 16 32 30 60 30 10 10 20 15 Education Misc. 15 10

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Example 13. Compute Fisher's Ideal quantity index number from the following data: Соmmodivy 2004 2005 Price (Rs.) Total value (Rs.) Price Total value (Rs.) A 5 50 4 48 В 8. 48 7 49 6 18 20