The prices of agricultural commodities for 1946-47 and for the inonth of Dece:mber1950 are given below along with the value of the output of hese commodities in 1946-47:Value of outptlin million (Rs.)PricesELIIICommoditiesUnit1946-47 (Rs.)Dec. 1950 (Rs.)(1946-47)13.759-708364RiceWheatJowarmaundтаund13-759.7022076:038.00876maund466 00433.00701Cotton (raw)TeaIbs.1:251:75534Ibs.Calculate the weighted index mumber of prices of these commodities for December 1950 taking1946-47 as base.

Index numbers are used to measure the change in quantity which cannot be observed directly .

Answered: The prices of agricultural commodities…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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Find the mean hourly cost when the cell phone described above is used for 240 minutes.
The demand for hand sanitizers is off the charts due to this coronavirus outbreak. People are in desperate need of hand sanitizers. Therefore, FMCGs like Unilever Bangladesh Limited are producing this life-essential product in a bulk amount to help the citizens across Bangladesh to maintain the hygiene standards. Sales figures and profits for the stores are given in the following table. (For the Unit sales, pick any value in between 12-33Units in ascending order). Unit Sales, X Profit (Taka), Y ** 1200 ** 1650 ** 1950 ** 2300 ** 2700 ** 3600 ** 4100 Obtain a regression line for the data. Calculate the profit of a shop for 40 unit sales. Calculate the correlation between unit sales and profit. What is the coefficient of determination of these variables?
The Consumer Price Index provides a means of determining the purchasing power of the U.S. dollar from one year to the next. To use the Consumer Price Index to predict a price in a particular year, we can set up a proportion and compare it with a known price in another year as follows:(price in year A)/(index in year A)=(price in year B)/(index in year B)In 1986 the Consumer Price Index was 109.6 and in 2010 it was 218.1. Find the amount that would be charged in 2010 for the use of the same amount of electricity that cost $110 in 1986. Give your answer to the nearest dollar.
a) The average temperature (Centigrade) in London varies from 14C to 31C during the year. i. Calculate indices based on March, base = 100 ii. What is the %age variation between the highest and the lowest temperatures? Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Temp C 15 22 19 24 29 28 31 28 27 22 18 14 Index b) Below are the no of customers, visiting a local Tesco Express, in the first week of holiday season. The store manager would like to avoid stock out in the busy period. Provide forecast of sales on Saturday next week, using 3 point moving average and seasonal variation. Assume same seasonal variation next period.
Given the following information. Commodities | Current year Price (in Rs.) | Base year Price (in Rs.) | Weights A 52.0 42.5 30 37.5 29.5 40 C 19.5 21.5 15 81.0 88.5 15 Also, EW = 100, E PW = 11489, where P = (P,/P) × 100. An index number for the current year using the method of weighted average of price relatives is : %3D (А) 124. 89 (B) 114.89 (С) 134.89 (D) 144.89.
Construct simple average price relative index number using geometric mean for the year 2015 for the data showing the expenditure in education of the children taking different courses. Expenditure per year 2014 2015 B.Sc 24000 26000 B.Com 20000 22000 B.E 108000 12000 M.B.B.S 150000 168000
Example 5 The highlights of the Railway budget for 1983-84 are as follows. The actual gross traffic receipts for 1981-82 was Rs. 3,538.24 crores. The Budget Estimates for 1982-83 in regard to Gross traffic receipts was Rs. 4,171.8 crores and the revised Budget Estimate for 1982-83 for the above item is Rs. 4,375.79 crores respectively. Whereas the budget estimates for 1983-84 for Gross traffic receipts is Rs. 5,343.63 crores, the actual total working expenses and the net railway revenue for 1981-82 were Rs. 3,182.05 crores and Rs. 403.1 crores respectively. The Budget Estimates and Revised Budget Estimates for 1982-83 in respect of total working expenses are Rs. 3,700.90 crores and Rs. 3,892.28 crores respectively. Whereas the corresponding estimates for 1982-83 in respect of net-railway revenue are Rs. 510.91 crores and Rs. 533.4 crores respectively, the estimated budget on total working expenses and net railway revenue for 1983-84 exceed the actuals for 1981-82 by Rs. 1,338.72 crores…
a) find s^2 (and round it to two decimal places) b) construct a 95% interval for B1 c) construct a 95% interval for B2
What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
true or false: If a 90% CI for the difference between two means is calculated to be [ 6.2, 9.6] then in words this is interpreted as the 90% of the time the true population difference in means will be between 6.2 and 9.6
Erample 5.8) The mean annual salary of employees of a company is Rs 30000. The mean annual calaries of male and female employees are Rs 35000 and Rs 23000, respectively. Find out the percent- of male and female employees working in the company. age
b) The following information on the performance of three funds A, B and C in Australia. Average Standard return deviation Fund (%) (%) Beta Market ?? Risk-free rate Fund A 19.50 10.75 0.873 Fund B 28.65 14.82 1.251 Fund C 25.70 12.33 1.005 (i) Use the data provided on Canvas to calculate the average annual return of the market (ASX/S&P200). Find a proxy for the risk free rate in Australia and explain your reasoning.

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