Methods of Constructing Index Numbers

Problems In Construction Of Index Number

Introduction Of Index Number

Given the following data and using the Price Relatives Method, construct an index number for the year 2018 in relation to 2004 prices.

Given the following data and using Weighted Average Price Relative Method, construct index number for 2018 based on 2004 prices.

Construction Of Simple Index Number

Which one of the following measures of central tendency is used in construction of index numbers?

Construction Of Weighted Index Number