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If Laspeyre’* and Fisher’* indices are 110 and 110.5 respectiely, find Paasche’* index number.

+2 votes

asked Jan 19, 2019 in Class 12 by kratos

If Laspeyre’ and Fisher’ indices are 110 and 110.5 respectiely, find Paasche’* index number.

class-12
applied statistics
index numbers

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1 Answer

+4 votes

answered Feb 21, 2020 by kratos

Best answer

(110.52= 110 × P01(P); P01(P)

= 12210.25/110

= 111.0023.

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