The following table gives average annual prices of commodity during the yeur 1982-1991 Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 Price 400 450 525 525 600 675 700 800 825 900 Calculate :(i) Price relatives taking 1982 as base (ii) Price relatives taking 1987 as base (iii) Chain indices
The following table gives average annual prices of commodity during the yeur 1982-1991 Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 Price 400 450 525 525 600 675 700 800 825 900 Calculate :(i) Price relatives taking 1982 as base (ii) Price relatives taking 1987 as base (iii) Chain indices
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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![The following table gives average annual prices of commodity during the yer
1982-1991
Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991
Price 400 450 525 525 600 675 700 800 825 900
Calculate :(i) Price relatives taking 1982 as base
(ii) Price relatives taking 1987 as base
(iii) Chain indices](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8c1fc944-031e-4a28-b5cc-f45e285f6e9e%2Fcbad6042-9f1e-407c-9983-658ab9a994a5%2F36efn0d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following table gives average annual prices of commodity during the yer
1982-1991
Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991
Price 400 450 525 525 600 675 700 800 825 900
Calculate :(i) Price relatives taking 1982 as base
(ii) Price relatives taking 1987 as base
(iii) Chain indices
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