Q3   The prices and quantities of three different shares sold in 1997 and 2007 are given in the following table:   Product 1997 p0                 q0 2007 p1                q1 p1q1 p1q0 p0q0 p0q1 A 3.50 60 6.50 120         B 5.00 90 8.50 130         C 7.50 110 12.00 160         Total                   3.1) Calculate the Paasche Quantity Index (rounded off to two decimals).                3.2) Calculate the Laspeyres Quantity Index (rounded off to two decimals).            3.3) Calculate the Paasche Price Index (rounded off to two decimals).

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Q3   The prices and quantities of three different shares sold in 1997 and 2007 are given in the following table:

 

Product

1997

p0                 q0

2007

p1                q1

p1q1

p1q0

p0q0

p0q1

A

3.50

60

6.50

120

 

 

 

 

B

5.00

90

8.50

130

 

 

 

 

C

7.50

110

12.00

160

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

3.1) Calculate the Paasche Quantity Index (rounded off to two decimals).               

3.2) Calculate the Laspeyres Quantity Index (rounded off to two decimals).           

3.3) Calculate the Paasche Price Index (rounded off to two decimals).                   

3.4) Calculate the Laspeyres Price Index (rounded off to two decimals).                  

 

 

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