Retail price index, Mathematics

Retail price index

This is weighted average of price relatives based on an average household in the base year. The items consumed are divided into groups as liker food, transport, housing, alcoholic drinks, fuel, footwear, light, water, services household goods, e.t.c. all item involved in the index is described a weighting and a price relative to the base is calculated. Modified form of laspeyre's price index formula is utilized as a weighted arithmetic mean (a.m.) of price relatives.

 

    Retail Price index     179_Retail price index.png

Posted Date: 2/18/2013 2:25:55 AM | Location : United States







Related Discussions:- Retail price index, Assignment Help, Ask Question on Retail price index, Get Answer, Expert's Help, Retail price index Discussions

Write discussion on Retail price index
Your posts are moderated
Related Questions
a lending library has a fixed charge for the first three days and an additional charge for each day thereafter. sam paid Rs 27 for a bookkept for 7 days while jaan paid Rs 21 for t

I need help with prime factors.


write a short note on shares and dividend under the following heading: shares ,type of shares,face/nominal value of shares.

Finding the Equation of a line, Given a Slope and a Point ? Find the equation of a line with slope m = 2, which passes through the point (-1, -3). Solution: Use the po

i have trouble going through problem in this lesson. Markdown and Markups are theh ones im stuck in

find the equation to the sphere through the circle xsqaure+ysquare+zsquare+=9 , 2x+3y+4z=5

Explain the Common Forms of Linear Equations ? An equation whose graph is a line is called a linear equation. Here are listed some special forms of linear equations. Why should

Reason for why limits not existing : In the previous section we saw two limits that did not.  We saw that did not exist since the function did not settle down to a sing

i want to work with you, please guide me