Aggregate expenditure method, Basic Statistics

Assignment Help:

Problem

Construct a consumer price index for the information given by using (i) Aggregate expenditure method, (ii) Family budget method.

Commodities	Quantity 2007(Q₀)	Unit	P₀	P₁
Commodities	Quantity 2007(Q₀)	Unit	2007	2008
A	7	quintal	300	310
B	5	quintal	305	308
C	4	quintal	416	419
D	9	quintal	530	625
E	3	kg	18	23
F	5	quintal	1050	1070

Formulas
Calculation
Solution to the problem/ Interpretation

Related Discussions:- Aggregate expenditure method

Collection method, what is the advantages of face-to-face interview?

what is the advantages of face-to-face interview?

Probability, A bag contain 5 white, 7 red and 8 black balls. If four balls ...

A bag contain 5 white, 7 red and 8 black balls. If four balls are drawn one by one without Replacement, find the probability of getting all white balls.

Calculate the probability, The Stalk Market, an independent grocery chain, ...

The Stalk Market, an independent grocery chain, has been serving and supporting local communities for over 90 years. Its stores offer friendly service and a wide assortment of natu

Spectrum, example for pure and impure spectrum

example for pure and impure spectrum

Management accounting ratio, Management Accounting Ratio A financial rat...

Management Accounting Ratio A financial ratio in management (or accounting ratio) is a relative magnitude of two types of selected numerical values taken from an enterprise''s

What is appropriate and parametric statistical procedure , Questions 1....

Questions 1. What would be the appropriate statistical procedure to test the following hypothesis: "Triglyceride values are a good predictor of weight in obese adults." 2.

Financial accounting about Collison (1998:7), if "profit" maximisation is b...

if "profit" maximisation is biased towards maximising the interest of only one stakeholder group, would you expect that over time there will be less emphasis on profit and more emp

Simulation for structural equation modeling, I want to simulate observed va...

I want to simulate observed variables for structural equation modeling. In real data it is assumed that observed variables are not error free variables, so should i also simulate e

What is a purchase discount, What is a purchase discount? A buy lower pr...

What is a purchase discount? A buy lower price is a deduction that may be available to a customer if the client will pay an account within a prescribed time. For example, a supp

Probability, Draw a tree diagram to represent all probabilities for the fol...

Draw a tree diagram to represent all probabilities for the following. a bag contains 11 red and 8 blue marbles. Two marbles are selected at random without replacement from the bag.

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages