हिंदी

Calculate Walsh’s price Index Number for the following data. Commodity Base Year Current Year Price Quantity Price Quantity I 10 12 40 3 II 20 2 25 8 III 30 3 50 27 IV 60 9 90 36 - Mathematics and Statistics

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प्रश्न

Calculate Walsh’s price Index Number for the following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 12 40 3
II 20 2 25 8
III 30 3 50 27
IV 60 9 90 36
सारिणी
योग
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उत्तर

Construct the following table:

Commodity Base
Year
Current
Year
`sqrt("q"_1"q"_1)` `"p"_0sqrt("q"_0"q"_1)` `"p"_1 sqrt("q"_0"q"_1)`
p0 q0 p1 q1
I 10 12 40 3 6 60 240
II 20 2 25 8 4 80 100
III 30 3 50 27 9 270 450
IV 60 9 90 36 18 1080 1620
Total 1490 2410

From the table, `sum"p"_0 sqrt("q"_0"q"_1)` = 1490, `sum"p"_1sqrt("q"_0"q"_1)` = 2410

Walsh’s Price Index Number:

P01(W) = `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`

= `2410/1490 xx 100`

= 161.74

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Construction of Index Numbers - Weighted Aggregate Method
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अध्याय 2.5: Index Numbers - Q.4

संबंधित प्रश्न

Calculate Walsh’s Price Index Number.

Commodity Base Year Current Year
Price Quantity Price Quantity
L 4 16 3 19
M 6 16 8 14
N 8 28 7 32

Calculate Walsh’s Price Index Number.

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 12 20 9
II 20 4 25 8
III 30 13 40 27
IV 60 29 75 36

Given that Laspeyre’s and Dorbish-Bowley’s Price Index Numbers are 160.32 and 164.18 respectively, find Paasche’s Price Index Number.


Find x in the following table if Laspeyre’s and Paasche’s Price Index Numbers are equal.

Commodity Base Year Current year
Price Quantity Price Quantity
A 2 10 2 5
B 2 5 x 2

If Laspeyre's Price Index Number is four times Paasche's Price Index Number, then find the relation between Dorbish-Bowley's and Fisher's Price Index Numbers.


Choose the correct alternative :

Marshall-Edgeworth’s Price Index Number is given by


Laspeyre’s Price Index Number is given by _______.


Walsh’s Price Index Number is given by _______.


`(sump_0(q_0 + q_1))/(sump_1(q_0 + q_1)) xx 100` is Marshall-Edgeworth’s price index number.


Solve the following problem :

Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.

Commodity Base year Current year
  Price
p0
Quantity
q0
price
p1
Quantity
q1
A 20 18 30 15
B 25 8 28 5
C 32 5 40 7
D 12 10 18 10

Solve the following problem :

Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.

Commodity Base Year Current Year
  Price
P0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 12 25
II 10 42 20 16

Solve the following problem:

If find x is Walsh’s Price Index Number is 150 for the following data

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
A 5 3 10 3
B x 4 16 9
C 15 5 23 5
D 10 2 26 8

Solve the following problem :

Given that Laspeyre’s and Paasche’s Price Index Numbers are 25 and 16 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Number.


Solve the following problem :

If `sum"p_"0"q"_0 = 120, sum "p"_0"q"_1 = 160, sum "p"_1"q"_1 = 140, and sum "p"_1"q"+0` = 200, find Laspeyre’s, Paasche’s Dorbish-Bowley’s and Marshall Edgeworth’s Price Index Number.


Solve the following problem :

Given that `sum "p"_1"q"_1 = 300, sum "p"_0"q"_1 = 320, sum "p"_0"q"_0` = 120, and Marshall- Edgeworth’s Price Index Number is 120, find `sum"p"_1"q"_0` and Paasche’s Price Index Number.


Choose the correct alternative:

Dorbish–Bowley’s Price Index Number is


Choose the correct alternative:

Fisher’s Price Index Number is


Marshall-Edgeworth's Price Index Number is given by ______


State whether the following statement is True or False:

`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100` is Paasche’s Price Index Number


State whether the following statement is True or False:

`[sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) + (sumsqrt("q"_0"q"_1))/(sum("p"_0 + "p"_1))] xx 100` is Fisher’s Price Index Number.


Calculate Marshall-Edgeworth Price Index Number for following.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 8 20 11 15
B 7 10 12 10
C 3 30 5 25
D 2 50 4 35

If P01(L) = 40 and P01(P) = 90, find P01(D-B) and P01(F).


`sqrt((sump_1q_0)/(sump_0q_0)) xx sqrt((sump_1q_1)/(sump_0q_1)) xx 100`


Laspeyre’s Price Index Number uses current year’s quantities as weights.


Calculate Marshall – Edgeworth’s price index number for the following data:

Commodity Base year Current year
Price Quantity Price Quantity
P 12 20 18 24
Q 14 12 21 16
R 8 10 12 18
S 16 15 20 25

If ∑ p0q0 = 120, ∑ p0q1 = 160, ∑ p1q1 = 140, ∑ p1qo = 200, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s and Marshall-Edgeworth’s Price Index Numbers.


Complete the following activity to calculate, Laspeyre's and Paasche's Price Index Number for the following data :

Commodity Base Year Current Year
Price
p0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 12 25
II 10 42 20 16

Solution:

Commodity Base Year Current Year p1q0 p0q0 p1q1 p0q1
  p0 q0 p1 q1
I 8 30 12 25 360 240 300 200
II 10 42 20 16 840 420 320 160
Total         `bb(sump_1q_0=1200)` `bb(sump_0q_0=660)` `bb(sump_1q_1=620)` `bb(sump_0q_1=360)`

Laspeyre's Price Index Number:

P01(L) = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100 = square/660xx100`

∴ P01(L) = `square`

Paasche 's Price Index Number:

P01(P) = `(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100=(620)/(square) xx 100`

∴ P01(P) = `square`


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