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प्रश्न
Calculate price index number for 2005 by (a) Laspeyre’s (b) Paasche’s method
| Commodity | 1995 | 2005 | ||
| Price | Quantity | Price | Quantity | |
| A | 5 | 60 | 15 | 70 |
| B | 4 | 20 | 8 | 35 |
| C | 3 | 15 | 6 | 20 |
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उत्तर
| Commodity | 1995 (Base year) |
2005 (Current year) |
p0q0 | p0q1 | p1q0 | p1q1 | ||
| p0 | q0 | p1 | q1 | |||||
| A | 5 | 60 | 15 | 70 | 300 | 350 | 900 | 1050 |
| B | 4 | 20 | 8 | 35 | 80 | 140 | 60 | 280 |
| C | 3 | 15 | 6 | 20 | 45 | 60 | 90 | 120 |
| Total | `sum"p"_0"q"_0` = 425 | `sum"p"_0"q"_0` = 550 | `sum"p"_1"q"_0` = 1150 | `sum"p"_1"q"_1` = 1450 | ||||
(a) Laspeyre’s price index number
`"P"_01^"L" = (sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`
= `1150/425 xx 100`
= 270.6
(b) Passche's price index
`"P"_01^"P" = (sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`
= `2230/550 xx 100`
= 405.5
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संबंधित प्रश्न
Complete the Correlation:
__________ : Single variable :: Composite index : Group of variables
Find the odd word
Types of index numbers -
Index number which is computed from a single variable called is a ______.
Assertion (A): Index numbers are statistical devices.
Reasoning (R): Index numbers measure only changes in the price level over a period of time.
State the test of adequacy of index number
Choose the correct alternative:
Another name of consumer’s price index number is:
Choose the correct alternative:
Laspeyre’s index = 110, Paasche’s index = 108, then Fisher’s Ideal index is equal to:
Choose the correct alternative:
Consumer price index are obtained by:
Assertion and reasoning question:
- Assertion (A): The index number considers all factors.
- Reasoning (R): The index number is based on samples.
State with reasons whether you agree or disagree with the following statement:
Index number measures changes in the price level only.
