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प्रश्न
Given the following table, find Walsh’s Price Index Number by completing the activity.
Commodity | p0 | q0 | p1 | q1 | q0q1 | `sqrt("q"_0"q"_1)` | p0`sqrt("q"_0"q"_1)` | p1`sqrt("q"_0"q"_1)` |
I | 20 | 9 | 30 | 4 | 36 | `square` | `square` | 180 |
II | 10 | 5 | 50 | 5 | `square` | 5 | 50 | `square` |
III | 40 | 8 | 10 | 2 | 16 | `square` | 160 | `square` |
IV | 30 | 4 | 20 | 1 | `square` | 2 | `square` | 40 |
Total | – | – | – | – | 390 | `square` |
Walsh’s price Index Number is
P01(W) = `square/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`
= `510/square xx 100`
= `square`
उत्तर
Commodity | p0 | q0 | p1 | q1 | q0q1 | `sqrt("q"_0"q"_1)` | p0`sqrt("q"_0"q"_1)` | p1`sqrt("q"_0"q"_1)` |
I | 20 | 9 | 30 | 4 | 36 | 6 | 120 | 180 |
II | 10 | 5 | 50 | 5 | 25 | 5 | 50 | 250 |
III | 40 | 8 | 10 | 2 | 16 | 4 | 160 | 40 |
IV | 30 | 4 | 20 | 1 | 4 | 2 | 60 | 40 |
Total | – | – | – | – | 390 | 510 |
Walsh’s price Index Number is
P01(W) = `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`
= `510/390 xx 100`
= 130.77
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संबंधित प्रश्न
Calculate Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and Marshall - Edgeworth’s Price index numbers.
Commodity | Base Year | Current Year | ||
Price | Quantity | Price | Quantity | |
I | 10 | 9 | 20 | 8 |
II | 20 | 5 | 30 | 4 |
III | 30 | 7 | 50 | 5 |
IV | 40 | 8 | 60 | 6 |
Choose the correct alternative :
The price Index Number by Weighted Aggregate Method is given by ______.
Choose the correct alternative :
Fisher’s Price Number is given by
Choose the correct alternative :
Marshall-Edgeworth’s Price Index Number is given by
State whether the following is True or False :
`sum("p"_1"q"_1)/("p"_0"q"_1)` is Laspeyre’s Price Index Number.
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.
Find x if Laspeyre’s Price Index Number is same as Paasche’s Price Index Number for the following data
Commodity | Base Year | Current Year | ||
Price p0 |
Quantity q0 |
Price p1 |
Quantity q1 |
|
A | 3 | x | 2 | 5 |
B | 4 | 6 | 3 | 5 |
If Laspeyre’s and Dorbish’s Price Index Numbers are 150.2 and 152.8 respectively, find Paasche’s Price Index Number.
Solve the following problem :
If `sum"p_"0"q"_0 = 120, sum "p"_0"q"_1 = 160, sum "p"_1"q"_1 = 140, and sum "p"_1"q"+0` = 200, find Laspeyre’s, Paasche’s Dorbish-Bowley’s and Marshall Edgeworth’s Price Index Number.
Solve the following problem :
Given that `sum "p"_0"q"_0 = 130, sum "p"_1"q"_1 = 140, sum "p"_0"q"_1 = 160, and sum "p"_1"q"_0 = 200`, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and Marshall-Edgeworth’s Price Index Numbers.
Choose the correct alternative:
Price Index Number by using Weighted Aggregate Method is given by
Choose the correct alternative:
The formula P01 = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100` is for
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
a) Laspeyre’s
b) Passche’s
c) Dorbish-Bowley’s Price Index Numbers for following data.
Commodity | Base Year | Current Year | ||
Price | Quantity | Price | Quantity | |
A | 10 | 9 | 50 | 8 |
B | 20 | 5 | 60 | 4 |
C | 30 | 7 | 70 | 3 |
D | 40 | 8 | 80 | 2 |
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 |
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)
State whether the following statement is true or false:
Dorbish-Bowley's Price Index Number is the square root of the product of Laspeyre's and Paasche's Index Numbers.
Laspeyre’s Price Index Number uses current year’s quantities as weights.
In the following table, Laspeyre's and Paasche's Price Index Numbers are equal. Complete the following activity to find x :
Commodity | Base Year | Current year | ||
Price | Quantity | Price | Quantity | |
A | 2 | 10 | 2 | 5 |
B | 2 | 5 | x | 2 |
Solution: P01(L) = P01(P)
`(sum "p"_1"q"_0)/(sum "p"_0"q"_0) xx 100 = square/(sum "p"_0"q"_1) xx 100`
`(20 + 5x)/square xx 100 = square/14 xx 100`
∴ x = `square`