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Choose the correct alternative: Consumer price index are obtained by:

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प्रश्न

Choose the correct alternative:

Consumer price index are obtained by:

विकल्प

  • Paasche’s formula

  • Fisher’s ideal formula

  • Marshall Edgeworth formula

  • Family budget method formula

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उत्तर

Family budget method formula

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Applied Statistics - Exercise 9.4 [पृष्ठ २३०]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 9 Applied Statistics
Exercise 9.4 | Q 14 | पृष्ठ २३०

संबंधित प्रश्न

______ : Base year prices :: P1 : Current year prices.


Complete the Correlation:

__________ : Single variable :: Composite index : Group of variables


State with reasons whether you agree or disagree with the following statement:

Index numbers can be constructed without the base year.


Identify & explain the concept from the given illustration.

Agricultural Research Institute constructed an index number to measure changes in the production of raw cotton in Maharashtra during the period 2015-2020.


State the uses of cost of Living Index Number


Using Fisher’s Ideal Formula, compute price index number for 1999 with 1996 as base year, given the following:

Year Commodity: A Commodity: B Commodity: C
Price (Rs.) Quantity (kg) Price (Rs.) Quantity (kg) Price (Rs.) Quantity (kg)
1996 5 10 8 6 6 3
1999 4 12 7 7 5 4

Choose the correct alternative:

While computing a weighted index, the current period quantities are used in the:


Calculate the Laspeyre’s, Paasche’s and Fisher’s price index number for the following data. Interpret on the data.

Commodities Base Year Current Year
Price Quantity Price  Quantity
A 170 562 72 632
B 192 535 70 756
C 195 639 95 926
D 1987 128 92 255
E 1985 542 92 632
F 150 217 180 314
7 12.6 12.7 12.5 12.8
8 12.4 12.3 12.6 12.5
9 12.6 12.5 12.3 12.6
10 12.1 12.7 12.5 12.8

Choose the correct pair :

Group A Group B
1) Price Index a) `(sump_1q_1)/(sump_0q_0) xx100`
2) Value Index

b)

`(sumq_1)/(sumq_0) xx 100`
3) Quantity Index c) `(sump_1q_1)/(sump_0q_1) xx100`
4) Paasche's Index d) `(sump_1)/(sump_0) xx 100`

Complete the correlation:

P0 : ______ : : P1 : Current year price.


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