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Solve the following problem : Calculate Dorbish-Bowley’s Price Index Number for the following data.

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प्रश्न

Solve the following problem :

Calculate Dorbish-Bowley’s Price Index Number for the following data.

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
I 8 30 11 28
II 9 25 12 22
III 10 15 13 11
योग
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उत्तर

Commodity Base Year Current Year p0q0 p1q0 p0q1 p1q1
  p0 q0 p1 q1        
I 8 30 11 28 240 330 224 308
II 9 25 12 22 225 300 198 264
III 10 15 13 11 150 195 110 143
Total – – – – 615 825 532 715

From the table,
`sum"p"_0"q"_0 = 615, sum"p"_1'q"_0 = 825`,

`sum"p"_0"q"_1 = 532, sum"p"_1"q"_1 = 715`

Dorbish-Bowley’s Price Index Number:

P01(D–B) = `((sum"p"_1"q"_0)/(sum"p"_0"q"_0) + (sum"p"_1"q"_1)/(sum"p"_0"q"_1))/(2) xx 100`

= `((825)/(615) + (715)/(532))/(2) xx 100`

= 134.27

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Construction of Index Numbers - Weighted Aggregate Method
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Index Numbers - Miscellaneous Exercise 5 [पृष्ठ ९२]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
अध्याय 5 Index Numbers
Miscellaneous Exercise 5 | Q 4.06 | पृष्ठ ९२

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

If ∑p0q0 = 140, ∑p0q1 = 200, ∑p1q0 = 350, ∑p1q1 = 460, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s and Marshall-Edgeworth’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 _______.


Fill in the blank :

Paasche’s Price Index Number is given by _______.


Fill in the blank :

Dorbish-Bowley’s Price Index Number is given by _______.


State whether the following is True or False :

`(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100` is Dorbish-Bowley’s Price Index Number.


`(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 Marshall-Edgeworth’s Price Index Number for the following data.

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
X 12 35 15 25
Y 29 50 30 70

Find x if Laspeyre’s Price Index Number is same as Paasche’s Price Index Number for the following data

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
A 3 x 2 5
B 4 6 3 5

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"_0"q"_0 = 130, sum "p"_1"q"_1 = 140, sum "p"_0"q"_1 = 160, and sum "p"_1"q"_0 = 200`, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and Marshall-Edgeworth’s Price Index Numbers.


Choose the correct alternative:

The formula P01 = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100` is for


Choose the correct alternative:

Fisher’s Price Index Number is


State whether the following statement is True or False:

Walsh’s Price Index Number is given by `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`


State whether the following statement is True or False:

`(sum"p"_0sqrt("q"_0 + "q"_1))/(sum"p"_1sqrt("q"_0 + "q"_1)) xx 100` is Marshall-Edgeworth 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 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

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


If Laspeyre’s and Paasche’s Price Index Numbers are 50 and 72 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Numbers


If `sum"p"_0"q"_0` = 150, `sum"p"_0"q"_1` = 250, `sum"p"_1"q"_1` = 375 and P01(L) = 140. Find P01(M-E)


State whether the following statement is true or false:

Dorbish-Bowley's Price Index Number is the square root of the product of Laspeyre's and Paasche's Index Numbers.


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


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