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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

State whether the following statement is True or False: Walsh’s Price Index Number is given by ∑p1q0q1∑p0q0q1×100 - Mathematics and Statistics

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प्रश्न

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`

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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उत्तर

True

shaalaa.com
Construction of Index Numbers - Weighted Aggregate Method
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पाठ 2.5: Index Numbers - Q.3

संबंधित प्रश्‍न

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

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


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 ∑p0q0 = 220, ∑p0q1 = 380, ∑p1q1 = 350 and Marshall-Edgeworth’s Price Index Number is 150, find Laspeyre’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.


Choose the correct alternative :

The price Index Number by Weighted Aggregate Method is given by ______.


Laspeyre’s Price Index Number is given by ______.


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


Choose the correct alternative :

Walsh’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 _______.


Walsh’s Price Index Number is given by _______.


`(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

Calculate Walsh’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 :

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

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 :

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:

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


Choose the correct alternative:

Walsh's Price Index Number is given by


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


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

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


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)


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

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`


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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