38. The following table gives the cost of living index numbers for different commodity groupstogether with respective weights for 1994 (Base = 1971):GroupFoodClothingFuel and LightingRentMisc.Group IndexGroup Weight4254753004002506246.1216Suppose a person was earning Rs. 600 in 1971, what should be his salary in 1994 if hisstandard of living in that year is to be the same as in 1971.(A) Rs. 2331(B) Rs. 1331(C) Rs. 1531(D) Rs. 2531.

Answered: Image /qna-images/answer/b54b0385-6a44-4435-a8ac-eded45afa01c.jpg

Answered: The following table gives the cost of…

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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The table below indicates the cost of certain air tel kiosk Z 0.15 0.20 0.25 0.75 0.80 0.85 1.85 1.90 1.95 2.00 2.05 Фz 0.0596 0.0793 0.0987 0.2734 0.2881 0.3023 0.4678 0.4713 0.4744 0.4772 0.4798 If it was stated that, the number of telephone calls received at a switchboard is approximately normal with a mean of 580 calls and a standard deviation of 10. REQUIRED Find the possibility that on a given day the number of calls received at the switchboard will be; Exactly 578 Less than 570 Between 561 and 600 inclusive
11. Use the following data to calculate (a) the size of the labor force and (b) the official unemployment rate: total population, 600; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. (a) the size of the labor force: (b) the official unemployment rate: (c) What is the full-employment rate of unemployment (or NRU) today? percent (d) Would you say that the above example shows a year of full employment? ( Yes, No).
In the construction of the retail price index numbers the weights were assigned as follows. Food 0, Fuel-10, Housing-7, Clothing-4, and Misc.-9. Compute the index number foi the period if the average percentage of increase in prices of the various items were 20, 25, 30, 40, and 50 respectively. If an executive was getting a monthly salary of Rs. 3000 in the base period what should he get in the current period in order that he may be able to maintain his same standard of living.
4 Chemical Oxygen Demand (COD) is a necessary water fine parameter due to the fact similar to BOD, it affords an index to examine the effect discharged wastewater will have on the receiving environment. Table 4 shows the means for the removal reduction of COD in wastewater by three different treatment methods. Test the hypothesis that the reduction percentage is no different for each treatment method. Use the 5% level of significance.
(b) Table 1 shows consumables usage data from a leading manufacturer. Forecast the demand for August, September and October using: i) a three-month moving average ii) a four-month weighted moving average using 50 percent of the actual usage for the most recent month, 20 percent of two months ago, 15 percent of three months ago and 15 percent of four months ago. Using an example, explain what are the benefits of using the weighted moving average method of forecasting instead? Month February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 Consumables Used 884 892 972 990 956 880
2. Mala-Inse Company sells its products on account payable in 30 days from the date of sale. Customers are given three percent discount if they pay within ten days. Total sales for the year amounted to P900,000. Records of the company shows that forty percent of the customers pay on the tenth day and take the discounts; while 60 percent pay on average of 45 days after the date of purchase. Determine the average amount of receivables?
15. Medical School Tuition Listed below in dollars are the annual costs of tuition at the 10 most expensive private medical schools in the United States for a recent year (based on data from U.S. News & World Report). What does this "top 10" list tell us about those costs for the population of all U.S. private medical school tuitions? 57,261 56,784 55,196 54,976 54,653 54,528 54,268 54,050 53,581 53,323 16. California Smokers In the California Health Interview Survey, randomly selected adults are interviewed. One of the questions asks how many cigarettes are smoked per day, and results are listed below for 50 randomly selected respondents. How well do the results reflect the smoking behavior of California adults? 9 10 10 20 40 50 (Plus 44 other values that are all 0)
14 From the following information regarding the price of 3 commo- dities, calculate the index numbers taking average price as base. Commodity A 10 kg. 8 kg. 7 kg. Commodity B 4 kg, 3 kg. 3 kg. Commodity C 2 kg. 3 kg. 3 kg. Year Unit I Price per Rupee II II
2. Discuss the Price Index most commonly used in your country. How is it calculated?

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