Calculate index number, Basic Statistics

Assignment Help:

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


Related Discussions:- Calculate index number

Assignment, An experiment succeeds twice as often as it fails. Find the cha...

An experiment succeeds twice as often as it fails. Find the chance that in the next six trials there will be at least four successes

Job costing order, note: Raw material costs 15 500 Direct Labor Costs: 14 7...

note: Raw material costs 15 500 Direct Labor Costs: 14 750 Overhead costs 11 800 plant Finished Goods 37 500 Raw materials are charged into an order that is still in the process

How to calculate mean?, Mean The mean is commonly the most significant ...

Mean The mean is commonly the most significant of all the numerical measurements used to describe data, and it is what the most people call an average. Example  Find

Marginal costing and break-even analysis, Marginal costing and Break-even a...

Marginal costing and Break-even analysis According to C.I.M.A. Manchester, "Marginal Price means the quantity at any given variety of result by which get worse scenario costs ar

Salient features of a promissory note, What are the salient features of a P...

What are the salient features of a Promissory Note? Ans. a) A Promissory Note is made by the promiser who undertakes to pay the mentioned amount of Bill to the bearer of the Promi

compare the quality of the different estimations, To illustrate the import...

To illustrate the importance of model selection. We will use only the first four observations to estimate the function f such that ini t. h = f(h. d) for two different models.

Perform the analysis, Your earlier comparison of three energy technologies ...

Your earlier comparison of three energy technologies showed only a borderline effect using the non-parametric Kruskal-Wallis statistic. This result left you hanging on a decision o

What is a purchase return, What is a purchase return? A buy purchase re...

What is a purchase return? A buy purchase return occurs when a buyer profits products that it has bought from a provider. Under the regular inventory system, the cost of the

Simple random sampling, This type of sampling is also known as chance sampl...

This type of sampling is also known as chance sampling or probability where each and every item in the population has an equal change of inclusion in the sample and one of the poss

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd