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प्रश्न
Calculate by a suitable method, the index number of price from the following data:
| Commodity | 2002 | 2012 | ||
| Price | Quantity | Price | Quantity | |
| A | 10 | 20 | 16 | 10 |
| B | 12 | 34 | 18 | 42 |
| C | 15 | 30 | 20 | 26 |
उत्तर
| Commodity | 2002 (Base year) |
2012 (Current year) |
p0q0 |
p0q1 |
p1q0 |
p1q1 |
||
| p0 | q0 | p1 | q1 | |||||
| A | 10 | 20 | 16 | 10 | 200 | 100 | 320 | 160 |
| B | 12 | 34 | 18 | 42 | 408 | 504 | 612 | 756 |
| C | 15 | 30 | 20 | 26 | 450 | 390 | 600 | 520 |
| Total | `sum"p"_0"q"_0` = 1058 | `sum"p"_0"q"_1` = 1054 | `sum"p"_1"q"_0` = 1532 | `sum"p"_1"q"_0` = 1436 | ||||
Laspeyres price index number
`"P"_01^"L" = (sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100`
= `1532/1058 xx 100`
= 144.8
Peasche's price index number
`"P"_01^"P" = (sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`
= `1436/1054 xx 100`
= 136.24
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संबंधित प्रश्न
State with reason whether you agree or disagree with the following statement:
Index numbers measure changes in the price level only.
Features of index numbers:
- It is useful in framing suitable economic policies.
- It is useful to present financial data in real terms
- Index numbers are statistical devices.
- Index numbers are specialized averages.
Index numbers that measure changes in the level of output or physical volume of production in the economy −
Index number was originally developed to measure ______.
Identify & explain the concept from the given illustration.
Bombay Stock Exchange has developed “Sensex” as a stock market index for reflecting the share prices of listed companies.
Define Index Number
Explain Paasche’s price index number
Compute (i) Laspeyre’s (ii) Paasche’s (iii) Fisher’s Index numbers for the 2010 from the following data.
| Commodity | Price | Quantity | ||
| 2000 | 2010 | 2000 | 2010 | |
| A | 12 | 14 | 18 | 16 |
| B | 15 | 16 | 20 | 15 |
| C | 14 | 15 | 24 | 20 |
| D | 12 | 12 | 29 | 23 |
Choose the correct alternative:
Which of the following Index number satisfy the time reversal test?
Choose the correct pair.
| Group A | Group B |
| 1) Price Index | a) `(sump_1q_1)/(sump_0q_0)xx100` |
| 2) Value Index | b) `(sumq_1)/(sumq_0)xx100` |
| 3) Quantity Index | c) `(sump_1q_1)/(sump_0q_1)xx100` |
| 4) Paasche's Index | d) `(sump_1)/(sump_0)xx100` |
