
Find the index number by using weighted average of price relative method where the price per unit of the commodities A, B, C and D for the current year and base year is as follows.
Commodities
Price per unit for the current year
Price per unit for the year
Weights
A
B
C
D
Important Questions on Index Numbers
The weighted aggregative price index numbers for with as the base year using Paasche's Index Number is:
Commodity | Price (in) | Quantities | ||



The weighted aggregative price index numbers for with as the base year using Marshal - Edgeworth Index Number is:
Commodity | Price (in) | Quantities | ||

The weighted aggregative price index hymbers for with as the base year using Fisher's Index Number is
Commodity | Price (in) | Quantities | ||



Compute price index for the following data by applying weighted average of price relative method using arithmetic mean
Item | Price Rs in | Price Rs in | quantity |
A | |||
B | |||
C | 10 |

Construct Laspeyre’s index for the following data taking 2014 as base year
Items | year | year | ||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D | ||||
E |

Item | Price Rs in | Price Rs in |
A | ||
B | ||
C | ||
D | ||
E |

Compute price index for the following data by applying weighted average of price relative method using geometric mean.
Item | Price Rs in | Price Rs in | quantity |
A | |||
B | |||
C | 10 |

From the data given, in problem. Obtain the following Compute Index number using Fisher’s formula and show it satisfies time reversal test and factor reversal test
commodity | Base year | current year | ||
Prices | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D |

Construct Paasche’s index for the following data taking 2014 as base year
Items | year | year | ||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D | ||||
E |

Item | Price Rs in | Price Rs in |
A | ||
B | ||
C | ||
D | ||
E |

Compute Paasche’s index numbers for the 2000 from the following table(Answer up to three decimal values)
Commodity | Price | Quantity | ||
A | ||||
B | ||||
C | ||||
D |


Construct the price indices from the following data by applying Fisher ideal number by taking 2010 as the base year
Commodity | ||||
Price in Rs | Quantity | Price in Rs | Quantity | |
A | ||||
B | ||||
C |

Construct Marshall-Edgeworth index for the following data taking 2014 as base year
Items | year | year | ||
Price | Quantity | Price | Quantity | |
A | ||||
B | ||||
C | ||||
D | ||||
E |

Construct the price indices from the following data by applying Lapeyre’s method
Commodity | ||||
Price in Rs | Quantity | Price in Rs | Quantity | |
A | ||||
B | ||||
C |

Construct the price indices from the following data by applying Paasche’s method
Commodity | ||||
Price in Rs | Quantity | Price in Rs | Quantity | |
A | ||||
B | ||||
C |

