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Question
Choose the correct alternative :
The price Index Number by Weighted Aggregate Method is given by ______.
Options
`sum("p"_1"w")/("p"_0"w") xx 100`
`sum("p"_0"w")/("p"_1"w") xx 100`
`(sum"p"_1"w")/(sum"p"_0"w") xx 100`
`(sum"p"_0"w")/(sum"p"_1"w") xx 100`
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Solution
Price Index Number by Weighted Aggregate Method is given by `bb((sump_1w)/(sump_0w) xx 100)`.
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RELATED QUESTIONS
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 |
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State whether the following is True or False :
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Calculate Laspeyre’s and Paasche’s Price Index Number for the following data.
| Commodity | Base year | Current year | ||
| Price p0 |
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price p1 |
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| A | 20 | 18 | 30 | 15 |
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| Commodity | Base Year | Current Year | ||
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| X | 12 | 35 | 15 | 25 |
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| Commodity | Base year | Current year | ||
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| I | 8 | 30 | 12 | 25 |
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| Commodity | Base Year | Current Year | ||
| Price p0 |
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| A | 20 | 8 | 40 | 7 |
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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.
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Choose the correct alternative:
Price Index Number by using Weighted Aggregate Method is given by
Choose the correct alternative:
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`sqrt((sump_1q_0)/(sump_0q_0)) xx sqrt((sump_1q_1)/(sump_0q_1)) xx 100`
