Calculate index number, Basic Statistics

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TIME SERIES ANALYSIS:

1) Discuss the various models of Time series.

2) What are the various methods of trend analysis? What are their implications in the business world?

3) Fit a straight line trend. Estimate the Sales value for 2006.

Year

1999

2000

2001

2002

2003

2004

2005

Sales (Rs. crore)  

60

72

75

65

80

85

95

INDEX NUMBERS:

1) What do you mean by Index? What is the purpose of constructing Index number?

2) Discuss the various formulas to calculate index number?

3) Discuss and show that Fisher's Formula for Price Index number satisfies Time reversal test & Factor Reversal Test.

4) What do you understand by "cost of living index number"? Discuss the problems faced while constructing Index numbers.

5) From the following data calculate on index number using family budget method for the year 2005 with 2000 as the base year.

Family

Commodity Quantity                  in 2000 (in units)

Price per unit (in Rs) 2000

Price per unit (in Rs) 2005

A

100

8

12

B

25

6

7

C

10

5

6

D

20

40

60

E

25

15

17

F

30

9

16


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