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Fill in the blank : Price Index Number by Weighted Aggregate Method is given by _______. - Mathematics and Statistics

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प्रश्न

Fill in the blank :

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

रिक्त स्थान भरें

उत्तर

Price Index Number by Weighted Aggregate Method is given by `(sum"p"_1"w")/(sum"p"_0"w") xx 100`.

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अध्याय 5: Index Numbers - Miscellaneous Exercise 5 [पृष्ठ ९१]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 5 Index Numbers
Miscellaneous Exercise 5 | Q 2.04 | पृष्ठ ९१

संबंधित प्रश्न

Choose the correct alternative :

Price Index Number by Simple Aggregate Method is given by


Choose the correct alternative :

Value Index Number by Weighted Aggregate Method is given by


Fill in the blank :

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


State whether the following is True or False :

`(sum"p"_1)/(sum"p"_0) xx 100` is the price Index Number by Simple Aggregate Method.


Solve the following problem :

Find the Price Index Number using Simple Aggregate Method. Consider 1980 as base year.

Commodity Price in 1980 (in ₹) Price in 1985 (in ₹)
I 22 46
II 38 36
III 20 28
IV 18 44
V 12 16

Solve the following problem :

Find the Value Index Number using Simple Aggregate Method.

Commodity Base Year Current Year
  Price Quantity Price Quantity
I 20 42 22 45
II 35 60 40 58
III 50 22 55 24
IV 60 56 70 62
V 25 40 30 41

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


Find Price Index Number using Simple Aggregate method by taking 2005 as base year.

Commodity P Q R S T
Price in 2005 (in ₹) 10 25 14 20 30
Price in 2015 (in ₹) 32 40 20 45 70

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

Choose the correct pair:

Group A Group B
A. Price Index (a) `(sump_1q_1)/(sump_0q_0) xx 100`
B. Value Index (b) `(sumq_1)/(sumq_0) xx 100`
C. Quantity Index (c) `(sump_1q_1)/(sump_0q_1) xx 100`
D. Paasche's Index (d) `(sump_1)/(sump_0) xx 100`

The Price Index Number for year 2004, with respect to year 2000 as base year. is known to be 130. Find the missing numbers in the following table if ∑p0 = 320

Commodity A B C D E F
Price (in ₹) in 2000 40 50 30 x 60 100
Price (in ₹) in 2000 50 70 30 85 y 115

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`

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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