Maharashtra State BoardHSC Commerce 12th Board Exam
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Choose the correct alternative : Dorbish-Bowley’s Price Index Number is given by - Mathematics and Statistics

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MCQ

Choose the correct alternative :

Dorbish-Bowley’s Price Index Number is given by

Options

  • `((sum"p"_1"q"_0)/(sum"p"_0"q"_1) + (sum"p"_0"q"_1)/(sum"p"_1"q"_0))/(2) xx 100`

  • `((sum"p"_1"q"_1)/(sum"p"_0"q"_0) + (sum"p"_0"q"_0)/(sum"p"_1"q"_1))/(2) xx 100`

  • `((sum"p"_1"q"_0)/(sum"p"_0"q"_0) + (sum"p"_1"q"_1)/(sum"p"_0"q"_1))/(2) xx 100`

  • `((sum"p"_0"q"_0)/(sum"p"_1"q"_0) + (sum"p"_0"q"_1)/(sum"p"_1"q"_1))/(2) xx 100`

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Solution

Dorbish-Bowley’s Price Index Number is given by `((sum"p"_1"q"_0)/(sum"p"_0"q"_0) + (sum"p"_1"q"_1)/(sum"p"_0"q"_1))/(2) xx 100`.

Concept: Construction of Index Numbers - Weighted Aggregate Method
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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 5 Index Numbers
Miscellaneous Exercise 5 | Q 1.09 | Page 90
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