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

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प्रश्न

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`

तक्ता
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उत्तर

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 6 120 180
II 10 5 50 5 25 5 50 250
III 40 8 10 2 16 4 160 40
IV 30 4 20 1 4 2 60 40
Total     390 510

Walsh’s price Index Number is

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

= `510/390 xx 100`

= 130.77

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Construction of Index Numbers - Weighted Aggregate Method
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पाठ 2.5: Index Numbers - Q.5

संबंधित प्रश्‍न

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

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 9 20 8
II 20 5 30 4
III 30 7 50 5
IV 40 8 60 6

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.


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.


Paasche’s Price Index Number is given by ______.


Choose the correct alternative :

Fisher’s Price Number is given by


Walsh’s Price Index Number is given by _______.


State whether the following is True or False :

`sum("p"_1"q"_1)/("p"_0"q"_1)` is Laspeyre’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.


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


`(sum"p"_0sqrt("q"_0"q"_1))/(sum"p"_1sqrt("q"_0"q"_1)) xx 100` is Walsh’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

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 `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:

Price Index Number by using Weighted Aggregate Method is given by


Choose the correct alternative:

Dorbish–Bowley’s Price Index Number is


Choose the correct alternative:

Walsh's Price Index Number is given by


The average of Laspeyre’s and Paasche’s Price Index Numbers is called ______ Price Index Number


Calculate
a) Laspeyre’s
b) Passche’s
c) Dorbish-Bowley’s Price Index Numbers for following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 10 9 50 8
B 20 5 60 4
C 30 7 70 3
D 40 8 80 2

Find the missing price if Laspeyre’s and Paasche’s Price Index Numbers are equal for following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 1 10 2 5
B 1 12

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)


If P01 (L) = 121, P01 (P) = 100, then P01 (F) = ______.


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

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