Q.3Explain the following weighted index numbers.(a) Laspeyre's Price Index Number(b) Passche's Price Index Number

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Answered: Explain the following weighted index…

A First Course in Probability (10th Edition)

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Author:Sheldon Ross

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Chapter1: Combinatorial Analysis

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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Interpret a Laspeyres quanity index of 95.9410, with base year in 2012. A. If the prices are held constant at 2012, the number of units consumed have decreased, on average, by approximately 4.0590% B. If the prices are held constant at 2012, the prices have decreased, on average, by approximately 22.2161% C. If the prices are held constant at 2012, the number of units consumed have increased, on average, by approximately 77.8842% D. If the prices are held constant at 2012, the prices have increased, on average, by approximately 4.0966%
10 Using a financial calculator, compute 958.93. 10 958.93 = (Round to six decimal places as needed.) %3D
6. From the following data, Calculate Price Index Number for the current year by Using. (a) Passche's Method and (b) Laspeyre's Method Base Year Current Year Commodity Price Quantity Price Quantity 8 50 20 60 15 6. 10 1 20 8. 10 1 1 40 3. 30 ABCDE
Tasty Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: Des Moines Cedar Rapids Total present value of net cash flow $325,420 $339,450 Amount to be invested (307,000) (365,000) Net present value $18,420 $(25,550) a. Determine the present value index for each proposal. Round your answers for the present value index to two decimal places. Des Moines Cedar Rapids Total present value of net cash flow $fill in the blank 1 $fill in the blank 2 Amount to be invested $fill in the blank 3 $fill in the blank 4 Present value index fill in the blank 5 fill in the blank 6 b. Which location does your analysis support? (If both present value indexes are the same, either location will grade as correct.), because the net present value index is 1.
42. Fisher's price index number is : (A) 112.73 (B) 113.73 (C) 114.73 (D) 115.73.
(c) Percentage of consumers who recycle and live in a state with a deposit law. (Round your answer to 1 decimal place.) (d) Percentage of consumers in states with a deposit law who recycle. (Round your answer to the nearest whole percent.)
14 From the following information regarding the price of 3 commo- dities, calculate the index numbers taking average price as base. Commodity A 10 kg. 8 kg. 7 kg. Commodity B 4 kg, 3 kg. 3 kg. Commodity C 2 kg. 3 kg. 3 kg. Year Unit I Price per Rupee II II
Calculate the index number using both the Aggregate Expenditure Method and Family Budget Method for the year 2013 with 2000 as the base year from the following : Quantity in Units in 2000 Price per Unit in 2000 ( ) Price per Unit in 2013 ( .) Commodity 100 8.00 12.00 25 6.00 7.50 10 5.00 5.25 D 20 48.00 52.00 25 15.00 16.50 30 9.00 27.00
Please no written by hand solution Using 1994 as the base year, find the following indices.a) Laspeyres price index for 1995 and 1996b) Paasche price index for the years 1995 and 1996c) Laspeyres quantity index for the years 1995 and 1996d) Paasche quantity index for the years 1995 and 1996

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Explain the following weighted index numbers. (a) Laspeyre's Price Index Number (h) Passche's Pricg Indor Numbor