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Choose the correct alternative : Fisher’s Price Number is given by

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प्रश्न

Choose the correct alternative :

Fisher’s Price Number is given by

पर्याय

  • `sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100`

  • `sqrt((sum"p"_0"q"_0)/(sum"p"_1"q"_0) xx (sum"p"_0"q"_1)/(sum"p"_1"q"_1)) xx 100`

  • `sqrt((sum"p"_0"q"_1)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_1"q"_0)) xx 100`

  • `sqrt((sum"p"_1"q"_0)/(sum"p"_1"q"_1) xx (sum"p"_0"q"_0)/(sum"p"_0"q"_1)) xx 100`

MCQ
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उत्तर

Fisher’s Price Number is given by `sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx (sum"p"_1"q"_1)/(sum"p"_0"q"_1)) xx 100`.

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Construction of Index Numbers - Weighted Aggregate Method
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Index Numbers - Miscellaneous Exercise 5 [पृष्ठ ९०]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
पाठ 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.1 | पृष्ठ ९०

संबंधित प्रश्‍न

Calculate Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and MarshallEdgeworth’s Price index numbers.

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


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.


If Dorbish-Bowley's and Fisher's Price Index Numbers are 5 and 4, respectively, then find Laspeyre's and Paasche's Price Index Numbers.


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


`(sump_1q_0)/(sump_0q_0) xx 100` is Paasche’s Price Index Number.


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.


State whether the following is True or False :

`(1)/(2)[sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0)) + sqrt("p"_1"q"_1)/(sqrt("p"_0"q"_1))] xx 100` is Fisher’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 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

If Laspeyre’s and Dorbish’s Price Index Numbers are 150.2 and 152.8 respectively, find Paasche’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:

Price Index Number by using Weighted Aggregate Method is given by


Choose the correct alternative:

Walsh's Price Index Number is given by


Choose the correct alternative:

Fisher’s Price Index Number is


Fisher's Price Index Number is given by ______.


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"_1"q"_1)/(sum"p"_0"q"_1) xx 100` is Paasche’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

Given the following table, find Walsh’s Price Index Number by completing the activity.

Commodity p0 q0 p1 q1 q0q1 `sqrt("q"_0"q"_1)` p0`sqrt("q"_0"q"_1)` p1`sqrt("q"_0"q"_1)`
I 20 9 30 4 36 `square` `square` 180
II 10 5 50 5 `square` 5 50 `square`
III 40 8 10 2 16 `square` 160 `square`
IV 30 4 20 1 `square` 2 `square` 40
Total     390 `square`

Walsh’s price Index Number is

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

= `510/square xx 100`

= `square`


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


In the following table, Laspeyre's and Paasche's Price Index Numbers are equal. Complete the following activity to find x :

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

Solution: P01(L) = P01(P)

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

`(20 + 5x)/square xx 100 = square/14 xx 100`

∴ x = `square`


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