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State whether the following statement is True or False: ∑q1q0×100 is the Quantity Index Number by Simple Aggregate Method - Mathematics and Statistics

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प्रश्न

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

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

False

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अध्याय 2.5: Index Numbers - Q.3

संबंधित प्रश्न

Choose the correct alternative :

Price Index Number by Simple Aggregate Method is given by


Choose the correct alternative :

Quantity Index Number by Simple Aggregate Method is given by


Quantity Index Number by Weighted 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 _______.


`sum ("p"_0"q"_0)/("p"_1"q"_1) xx 100` is Value 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

Choose the correct alternative:

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


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


State whether the following statement is True or False:

The three types of Index numbers are
i. Price Index Number
ii. Quantity Index Number
iii. Value Index Number


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

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

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
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`

Choose the correct pair:

Group A Group B
1) Price Index a) `(sump_1q_1)/(sump_0 q_0) × 100`
2) Value Index b) `(sumq_1)/(sumq_0) × 100`
3) Quantity Index c) `(sump_1q_1)/(sump_0 q_1) × 100`
4) Paasche's Index d) `(sump_1)/(sump_0) × 100`

State with reason whether you agree or disagree with the following statement:

The quantity index number is one type of index number.


Identify and explain the concept from the given illustration:

Mihir prepared the share price index number.


Explain the meaning of the Price Index Number.


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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