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State whether the following statement is True or False: ∑p0q0+q1∑p1q0+q1×100 is Marshall-Edgeworth Price Index Number - Mathematics and Statistics

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प्रश्न

State whether the following statement is True or False:

`(sum"p"_0sqrt("q"_0 + "q"_1))/(sum"p"_1sqrt("q"_0 + "q"_1)) xx 100` is Marshall-Edgeworth Price Index Number

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

False

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Construction of Index Numbers - Weighted Aggregate Method
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अध्याय 2.5: Index Numbers - Q.3

संबंधित प्रश्न

Calculate Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and MarshallEdgeworth’s Price index numbers.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 8 20 11 15
B 7 10 12 10
C 3 30 5 25
D 2 50 4 35

If Dorbish-Bowley's and Fisher's Price Index Numbers are 5 and 4, respectively, then find Laspeyre's and Paasche's Price Index Numbers.


Choose the correct alternative :

The price Index Number by Weighted Aggregate Method is given by ______.


Laspeyre’s Price Index Number is given by ______.


Walsh’s Price Index Number is given by _______.


State whether the following is True or False :

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


State whether the following is True or False :

`(1)/(2)[sqrt((sum"p"_1"q"_0)/(sum"p"_0"q"_0)) + sqrt("p"_1"q"_1)/(sqrt("p"_0"q"_1))] xx 100` is Fisher’s Price Index Number.


Solve the following problem:

If find x is Walsh’s Price Index Number is 150 for the following data

Commodity Base Year Current Year
  Price
p0
Quantity
q0
Price
p1
Quantity
q1
A 5 3 10 3
B x 4 16 9
C 15 5 23 5
D 10 2 26 8

Solve the following problem :

Given that `sum "p"_1"q"_1 = 300, sum "p"_0"q"_1 = 320, sum "p"_0"q"_0` = 120, and Marshall- Edgeworth’s Price Index Number is 120, find `sum"p"_1"q"_0` and Paasche’s Price Index Number.


Marshall-Edgeworth's Price Index Number is given by ______


State whether the following statement is True or False:

`(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100` is Paasche’s Price Index Number


State whether the following statement is True or False:

`[sqrt((sum"p"_1"q"_1)/(sum"p"_0"q"_1)) + (sumsqrt("q"_0"q"_1))/(sum("p"_0 + "p"_1))] xx 100` is Fisher’s Price Index Number.


Calculate Marshall-Edgeworth Price Index Number for following.

Commodity Base Year Current Year
Price Quantity Price Quantity
A 8 20 11 15
B 7 10 12 10
C 3 30 5 25
D 2 50 4 35

Calculate Walsh’s price Index Number for the following data.

Commodity Base Year Current Year
Price Quantity Price Quantity
I 10 12 40 3
II 20 2 25 8
III 30 3 50 27
IV 60 9 90 36

If P01(L) = 40 and P01(P) = 90, find P01(D-B) and P01(F).


Given P01(M-E) = 120, `sum"p"_1"q"_1` = 300, `sum"p"_0"q"_0` = 120, `sum"p"_0"q"_1` = 320, Find P01(L)


If P01 (L) = 121, P01 (P) = 100, then P01 (F) = ______.


Laspeyre’s Price Index Number uses current year’s quantities as weights.


If ∑ p0q0 = 120, ∑ p0q1 = 160, ∑ p1q1 = 140, ∑ p1qo = 200, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s and Marshall-Edgeworth’s Price Index Numbers.


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