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Given the following table, find Walsh’s ...

Given the following table, find Walsh’s Price Index Number by completing the activity.

Walsh’s price Index Number is
`P_(01)(w)=(.....)/(sump_0sqrt(q_0q_1))xx100`
`= (510)/(.....) xx100`
`= square`

Answer

Step by step text solution for Given the following table, find Walsh’s Price Index Number by completing the activity. Walsh’s price Index Number is P_(01)(w)=(.....)/(sump_0sqrt(q_0q_1))xx100 = (510)/(.....) xx100 = square by MATHS experts to help you in doubts & scoring excellent marks in Class 12 exams.

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Similar Questions

Explore conceptually related problems

State True or False: Walsh’s Price Index Number is given by (sump_1sqrt(q_0q_1))/(sump_0sqrt(q_0q_1))xx100

Calculate Walsh’s price Index Number for the following data.

Knowledge Check

  • Walsh's Price Index Number is given by

    A
    `(sum(q_0/sqrt(p_0p_1)))/(sum(q_1/sqrt(p_0p_1)))xx100`
    B
    `(sum(p_0/sqrt(q_0q_1)))/(sum(p_1/sqrt(q_0q_1)))xx100`
    C
    `(sum(q_1/sqrt(p_0p_1)))/(sum(q_0/sqrt(p_0p_1)))xx100`
    D
    `(sum(p_1/sqrt(q_0q_1)))/(sum(p_0/sqrt(q_0q_1)))xx100`

  • The formula p_(01)=(sump_1q_0)/(sump_0q_0)xx100 is for

    A
    Laspeyre’s Price Index Number
    B
    Paasche’s Price Index Number
    C
    Fisher’s Price Index Number
    D
    Walsh’s Price Index Number

  • (sump_1q_1w)/(sump_0q_0w)xx100 gives

    A
    Value Index Number by Simple Aggregate method
    B
    Value Index Number by Weighted Aggregate method
    C
    Cost of Living Index Number
    D
    Laspeyre’s Index Number

    • Similar Questions

    Explore conceptually related problems

    If Laspeyre’s and Paasche’s Price Index Numbers are 50 & 72 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Numbers

    Find the missing price if Laspeyre’s and Paasche’s Price Index Numbers are equal for following data.

    Given the following table, find the Cost of living Index Number using Aggregate Expenditure Method bycompleting the activity. Therefore Cost of Living Index using Aggregate Expenditure method is CLI = (sump_1q_0)/(sump_0q_0)xx100 = square

    Find values x and y if the Price Index Number by Simple Aggregate Method by taking 2001 as base year is 120, given sump_1 = 300

    P_(01)=(sump_(1)q_(0))/(sump_(0)q_(0))xx100 is the formula of:

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