Construction Of Weighted Index Number

Problems In Construction Of Index Number

Construction Of Simple Index Number

Construct a weighted index number of the following data using Price Relative Method: {:("Item","A","B","C","D","""E",),("Base Year (Quantity)",24,14,8,4,8,),("Base Year (Price)",2,4,6,10,5,),("Current Year (Price)",3,5,9,12,5,):}

Construct Cost of Living Index Number for the year 2018 from the following statistics:

Simple And Weighted Index Number

Discuss different problems in the construction of price index number.

Construct Consumer Price Index Number with the help of the following data: {:("Items","Price","Weight",),("Food"," 125"," 40",),("Fuel"," 120"," 10",),("Cloth"," 66.67"," 25",),("House Rent"," 120"," 15",),("Miscellaneous"," 150"," 10",):}

Construct Consumer Price Index number with the help of the following data :