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Index Number Sample Assignment

Question: Calculate the unweighted average of relatives index from the table given below:
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                        _______P0               ______ P1
                    ______1995 Price            2000 Price___
Milk (per Litre)                12_____                16
Butter (per Kg.)              60____                120
Eggs. (per dozen)         20_____                24

Sol.
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Commodities            P           _______ P            __P1 x 100
            ______1995 Price        _2000 Price                 P0____________
Milk                _____12            _______16        16/12 x 100 = 133.33
Butter                ___80______ _           120       120/80 x 100 = 150.00
Eggs                ___20   ________         24        24/20 x 100 = 120.00   
                                   ___________________ ∑P0/P1 x 100 = 403.00

Unweighted average or relatives = P1/P0 x 100
                      ____________________n
                 = 403.33 = 134.44
                         3

Other Sample Assignments in Statistics Homework Assignment :

Continious Distribution	Descrete Distributions
Descriptive Statistics	Nonparamatric Statistics
Probability	Sampling And Sampling Distribution
Statistical Inference Estimation For Single Popula	Simple Regression Analysis
Statistical Inference About 2 Population	Time Series Forcasting Index Number
Statistical Quality Control	Correlation
Index Number	Larger Sample Mean Proportions
Non Parametric Test	Probability Theory
Sampling Distribution	Simple and Multiple Linear Regression Analysis
Unvariate Analysis

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