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Choose the correct alternative: ∑p1q1w∑p0q0w×100 gives - Mathematics and Statistics

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प्रश्न

Choose the correct alternative:

`(sum"p"_1"q"_1"w")/(sum"p"_0"q"_0"w") xx 100` gives

विकल्प

  • Value Index Number by Simple Aggregate method

  • Value Index Number by Weighted Aggregate method

  • Cost of Living Index Number

  • Laspeyre’s Index Number

MCQ

उत्तर

Value Index Number by Weighted Aggregate method

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अध्याय 2.5: Index Numbers - Q.1

संबंधित प्रश्न

Complete the Correlation:

Price Index : Inflation :: ______ : Agricultural production


Quantity Index Number by Weighted Aggregate Method is given by ______.


Fill in the blank :

Price Index Number by Simple Aggregate Method is given by _______.


Fill in the blank :

Quantity Index Number by Simple Aggregate Method is given by _______.


Fill in the blank :

Quantity Index Number by Weighted Aggregate Method is given by _______.


Solve the following problem :

Find the Quantity Index Number using Simple Aggregate Method.

Commodity Base year quantity Current year quantity
A 100 130
B 170 200
C 210 250
D 90 110
E 50 150

State whether the following statement is True or False:

`sum("q"_1)/("q"_0) xx 100` is the Quantity Index Number by Simple Aggregate Method


Find Quantity Index Number using Simple Aggregate method

Commodity A B C D E
Base year Quantity 170 150 100 195 205
Current year Quantity 90 70 75 150 95

Calculate Value Index Number for the following using Simple Aggregate Method

Commodity Base Year Current Year
Price Quantity Price  Quantity
A 30 13 40 15
B 40 15 70 20
C 10 12 60 22
D 50 10 90 18
E 20 14 100 16

Calculate Quantity Index Number using Simple Aggregate method

Commodity I II III IV V
Base year Quantity 140 120 100 200 225
Current year Quantity 100 80 70 150 185

Find x if the Price Index Number by Simple Aggregate Method is 125

Commodity P Q R S T
Base Year Price (in ₹) 10 8 12 24 18
Current Year Price (in ₹) 14 10 x 28 22

Find x from following data if the Value Index Number is 200.

Commodity Base Year Current Year
Prive Quantity Price Quantity
A 10 10 20 10
B 8 20 22 15
C 2 x 8 10
D 9 10 16 10
E 5 6 3 10

Choose the correct pair :

Group A Group B
1) Price Index a) `(sum p_1q_1)/(sum p_0q_0) xx 100`
2) Value Index b) `(sum q_1)/(sum q_0) xx 100`
3) Quantity Index c) `(sum p_1q_1)/(sum p_0 q_1) xx 100`
4) Paasche's Index d) `(sum p_1)/(sum p_0) xx 100`

Calculate the price index number for the given data.

Commodity A B
Price in 2020 (₹) 20 30
Price in 2021 (₹) 40 40

Give an economic term:

An index number measuring the general changes in the prices of goods over a period of time.


State with reasons whether you agree or disagree with the following statement.

There are many types of index numbers.


Choose the correct pair:

  Group A   Group B
1) Price Index a) `(sum"p"_1"q"_1)/(sum"p"_0"q"_0)xx100`
2) Value Index b) `(sum"q"_1)/(sumq"_0)xx100`
3) Quantity Index c) `(sum"p"_1"q"_1)/(sum"p"_0"q"_1)xx100`
4) Paasche's Index d) `(sum"p"_1)/(sum"p"_0")xx100`

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