From the data given below find out the consumer price index numbers fathe year 1997 and 1998.Group :Weight Group indicesfor 1997Group indices for 1998FoodClothingFuelRentMiscellaneous588.71017110120110100110130120130100140Is it sufficient to increase the wages by 10% in 1998 ?

Answered: Image /qna-images/answer/2daf4322-bd0f-4db3-b6ec-59f9dbe691b8.jpg

Answered: From the data given below find out the…

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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Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Price Quantity Item 2010 2018 2010 2018 Aluminum (cents per pound) $ 0.82 $ 0.86 1,000 1,200 Natural gas $ per million BLA 4.37 2.99 5,000 4,000 Petroleum (barrel) 71.21 58.15 60,000 60,000 Platinum (troy ounce) 1,743.60 1,292.53 500 600 Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
30. From the following information, estimate the production for the year 2011 : 2011 Year 2007 2009 2013 2015 2017 Production (units): 39 85 151 264 388
Example 5. In a trip' organized by a college, there were 100 persons the average cost works out to Rs. 15.60 per head. There were 80 students each of whom paid Rs. 16. Members of the teaching staff were charged at a higher rate. The number of servants was 6 (all males) and they were not charged. The number of ladies was 20% of the total of which two were ladies staff members. Tabulate the above information in proper tabular form. CS Scanned with CamScanner
From the data given below construct the quantity index number for 1998 using the Walsch's formula, and (ii) Kelley's formula. 1995 1998 Commodity Price Value Price Value 10 100 8 96 Y 16 96 14 98 12 36 10 40
Maryland Café Using the following information to answer the questions, Please take 2 decimals in calculation. Month Sales ('000s) January 24 37 February March 24 42 24 39 April 2$ 29 May June 49 40 July August September 39 40 43 October ?? 1. What is the forecast for October using a 5-month moving average approach? $42,200 2. What is the forecast for October using a 3-month weighted moving average approach? In order from most recent to least recent month, assign weights of 0.5, 0.2 and O.1 $41,470 3. What is the forecast for October using exponential smoothing with alpha = 0.2, July forecast was 30 $35.350
These two are one question
question 3
Determine simple price index of soap for 2018.
From the following data compute the consumer price Index for the year 1998 w.r.t. the price level of 1997. Food Items Food Rent Clothing Fuel Weight Percentage of increase in prices over the price of 1997 Misc. 7.5 2 2.5 Rice Whe Pul 3 1 50 60 40 20 30
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.)
Below is information on a basket of toiletries for year 2018 and 2021 Prices Quantities Product 2018 2021 2008 2021 Soap (125 g) 2.65 3.05 5 7 Deodorant (50 ml) 24.65 25.35 6 8 Toothpaste (100ml) 5.25 6.15 10 9 Find the Laspeyres Quantity Indices and interpret your answer
7. Calculate the weighted price index from the following data : Quantity required Price during 1995 Materia! Unit 1994 i required 2$ $ 8.0 Cement Timber Steel sheet: Bricks 500 lb. 2,000 c.ft. 50 cwt. 5.0 9.5 100 lb. c.ft. 14.2 34.0 12.0 cwt. 42.0 per '000 20,000 24.0

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