Given below are the data relating to the indices and weights of the consumer'sitems for the current year 1998 :ItemsIndicesWeightsFoodFuelClothingRentMisc.2005010017125121601013011It is proposed to allow dearness allowance in 1998 is such a manner that itwill fully compensate the price rise in food and clothing. Determine such dearnessallowance in terms of percentage of wages.

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Answered: Given below are the data relating to…

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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6. The Motion Picture Association of America reports a drop-off of video disc sales. The data in the table below shows consumer spending on video discs (DVD, Blue-ray, and UltraHD Blu-ray) in the United States in the years 2015-2018. Year Consumer Spending on video discs (in billions of dollars) 2015 9.1 2016 8.0 2017 6.8 2018 5.8 (a) What was the average rate of change in consumer spending from 2015 to 2018? (Be sure to include units.) (b) Use the average rate of change calculated above to predict consumer spending on video discs in 2020?
2
Quarterly Glass Container Demand Year 1990 1991 1992 First Qtr. 17,446. 17,748. 17,595. Second Qtr. 17,785. 19,360. 18,338. Third Qtr. 18,971. Fourth Qtr. 19140. 17,802. 19,413. 18,315. 18,083. Question: Quarterly sales (in thousands of units) of a product over the last two years have been 26, 29, 30, 27, 28, 32, 33, and 30. Plot the data and forecast for the next period using Winter's Seasonal Model. Now, assume sales for the ninth quarter turned out to be 32. Update your parameter estimates and forecast sales for period 10.
Calculate Fisher's price index from the following data and check whether time Reverse Test is satisfied: Base year (1990) Current year (1995) Commodity Price Quantity Price Quantity A 32 50 30 50 B 30 35 25 40 C 16 55 18 50
Below are the CPIS for three different European countries from 2016 to 2019: Country CPI in 2016 CPI in 2017 CPI in 2018 CPI in 2019 United Kingdom 99.4 101.5 104.2 106.3 France 99 100.6 101.7 103.1 Germany 99.1 100.8 102 103.3 (a) Which country / countries experienced inflation from 2016 to 2019? (b) Calculate the percentage changes in CPIS from 2018 to 2019 for each country. (c) If the prices of a country, it was the cheapest in 2019? roduct wer the same in these three countries in 2018, in which
Given the following data and seasonal index: Month Sales Year 1 Year 2 Jan 8 8 Feb 7 9 Mar 5 6 Apr 10 11 May 9 12 June 12 16 July 15 20 Aug 20 25 Sept 4 4 Oct 3 2 Nov 8 7 Dec 9 9 (a) Compute the seasonal index using only year 1 data. (b) Determine the deseasonalized demand values using year 2 data and year 1's seasonal indices.
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.)
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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