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

Study guide, Answers & examples of accounting for the follow on the file be...

Answers & examples of accounting for the follow on the file being sent to you.

T test, Ten students are given coaching for environmental statistics. The s...

Ten students are given coaching for environmental statistics. The score obtained in tests 1 and 5 are given below: Sl No of student 1 2 3 4 5 6 7 8 9 10 Marks in 1st test 50 52 53

Ex. 3-12, EXERCISE 3-12 Computing Predetermined Overhead Rates and Job Cos...

EXERCISE 3-12 Computing Predetermined Overhead Rates and Job Costs [LO1,LO2, LO3, LO7] Kody Corporation uses a job-order costing system with a plantwide overhead rate based on ma

Define appraisal, Define appraisal (1) The act of evaluating. (2) The appr...

Define appraisal (1) The act of evaluating. (2) The approximated value as a result of such measures. Talk about APPRAISE

Accounting equation, A.Austria invested cash $1,000 and a type writer $2,50...

A.Austria invested cash $1,000 and a type writer $2,500

Esk jewellery, You are working for the management of ESK Jewellery as a mar...

You are working for the management of ESK Jewellery as a marketing consultant. The main business of ESK Jewellery is the retailing of diamond jewellery. They opened their first sho

What is cash flow net of tax, What is cash flow net of tax? I view inco...

What is cash flow net of tax? I view income net of tax as the money spent without the earnings tax savings when the quantity is insurance deductible on the corporation’s earnin

Business tax, Maria runs a small business out of her home. She has expense...

Maria runs a small business out of her home. She has expenses of $2,000 per year and uses the cash basis method of accounting. Her only employee is her cousin who works for her pa

Cost accounting, what is the relationship of cost accounting to financial a...

what is the relationship of cost accounting to financial and management accounting?

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