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The average of Laspeyre’s and Paasche’s Price Index Numbers is called ______ Price Index Number
Concept: undefined >> undefined
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`
Concept: undefined >> undefined
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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
Concept: undefined >> undefined
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
Concept: undefined >> undefined
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.
Concept: undefined >> undefined
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 |
Concept: undefined >> undefined
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 |
Concept: undefined >> undefined
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 |
Concept: undefined >> undefined
If P01(L) = 40 and P01(P) = 90, find P01(D-B) and P01(F).
Concept: undefined >> undefined
If Laspeyre’s and Paasche’s Price Index Numbers are 50 and 72 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Numbers
Concept: undefined >> undefined
Given P01(M-E) = 120, `sum"p"_1"q"_1` = 300, `sum"p"_0"q"_0` = 120, `sum"p"_0"q"_1` = 320, Find P01(L)
Concept: undefined >> undefined
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 | 5 | – | 12 |
Concept: undefined >> undefined
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)
Concept: undefined >> undefined
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`
Concept: undefined >> undefined
Choose the correct alternative:
The constraint that in a college there are more scholarship holders in FYJC class (X) than in SYJC class (Y) is given by
Concept: undefined >> undefined
Choose the correct alternative:
How does a constraint, “A washing machine can hold up to 8 kilograms of cloths (X)” can be given?
Concept: undefined >> undefined
State whether the following statement is True or False:
The half-plane represented by 3x + 4y ≥ 12 includes the point (4, 3)
Concept: undefined >> undefined
Tyco Cycles Ltd manufactures bicycles (x) and tricycles (y). The profit earned from the sales of each bicycle and a tricycle are ₹ 400 and ₹ 200 respectively, then the total profit earned by the manufacturer will be given as ______
Concept: undefined >> undefined
By spending almost ₹ 250, Rakhi bought some kg grapes (x) and some dozens of bananas (y), then as a constraint this information can be expressed by ______
Concept: undefined >> undefined
A doctor prescribed 2 types of vitamin tablets, T1 and T2 for Mr. Dhawan. The tablet T1 contains 400 units of vitamin and T2 contains 250 units of vitamin. If his requirement of vitamin is at least 4000 units, then the inequation for his requirement will be ______
Concept: undefined >> undefined
