From the data given below, using the simple average of price relative comput:(i) Index number for 1998 with 1995 as the base and (ii) Index number for1995 with 1998 as the base. Comment upon the result, ifany.PriceItemsUnit199519986.RiceDalGheekgkgkg15204050

Answered: Image /qna-images/answer/c85c697c-e11a-46ea-9db6-e1a5cf1f79f5.jpg

Answered: From the data given below, using 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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From the data given below, using the simple average of price relative comput: (i) Index number for 1998 with 1995 as the base and (ii) Index number for 1995 with 1998 as the base. Comment upon the result, if any. Price Items Unit 1995 1998 Rice Dal Ghee 6. kg kg kg 15 20 40 50