Successfully reported this slideshow.
Upcoming SlideShare
×

# Stat .1

750 views

Published on

index number problems and solution

• Full Name
Comment goes here.

Are you sure you want to Yes No
• Be the first to comment

• Be the first to like this

### Stat .1

1. 1. 4-1 SLIDES PREPARED By K.BARANIDHARAN.M.com.,M.B.A.,M.Phil.,Ph.D. IDHAYA COLLEGE FOR WOMEN BHARATHIDASAN UNIVERSITY TAMILN AUD STATISTICS for B.com., (INDEX’01) 1/29/2015K. BARANIDHARAN
2. 2. baranibarani50@yahoo.com dharanbarani21@gmail.com 1/29/2015 2K. BARANIDHARAN
3. 3. Index number Types : Price, Wholesale Price, Retail Price, Quantity, Quality, Cost of Living, Special purpose.
4. 4. Meaning & Definition • The statistical device which measures related variables and provides representative figures a s regards to combined changes in the variables is called Index Number • “index numbers are a series of numbers by which changes in the magnitudes of a pheneomenon are measured from time, or from place to place” –Secrist
5. 5. Index numbers Fixed or chain based Composite Weighted Unweighted Laspeyeres Paasche Relative Aggregative Simple 1/29/2015 5K. BARANIDHARAN
6. 6. 1)Calculate the Fisher’s ideal index satisfies both the time reversal and factor reversal test commodities 1990 1998 price expenditure price expenditure A 10 12 12 144 B 5 40 6 54 C 20 60 25 100 D 8 80 8 72
7. 7. Com.di p0 q0 p1 q1 p1q0 p0q0 p1q1 p0q1 A 10 12 12 12 144 120 144 120 B 5 8 6 9 48 40 54 45 C 20 3 25 4 75 60 100 80 D 8 10 8 9 80 80 72 72 p1q0 =347 p0q0 =300 p1q1 =370 p0q1 =317 1/29/2015 7K. BARANIDHARAN
8. 8. Time Reversal Test = 1. Hence Time Reversal Test is Satisfied 1/29/2015 8K. BARANIDHARAN
9. 9. Factor Reversal Test • • P01 x q01 = Hence Factor Reversal Test is satisfied 1/29/2015 9K. BARANIDHARAN
10. 10. THANK YOU 1/29/2015 K. BARANIDHARAN 10