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- The following table gives the cost of living index for 1998 with 1986 as base for different commodity groups: Food, Clothing, Fuel and Light, Rent and Miscellaneous as 440, 500, 350, 400 and 250 respectively with their weights in order in the ratio 15: 1:2:3:4. Obtain, the overall cost of living index number, suppose a person was earning $ 4,000 in 1986. What should be his salary in 1998 to maintain the standard of living as in 1986?The prices of agricultural commodities for 1946-47 and for the inonth of Dece:mber 1950 are given below along with the value of the output of hese commodities in 1946-47: Value of outptl in million (Rs.) Prices ELIII Commodities Unit 1946-47 (Rs.) Dec. 1950 (Rs.) (1946-47) 13.75 9-70 8364 Rice Wheat Jowar maund таund 13-75 9.70 2207 6:03 8.00 876 maund 466 00 433.00 701 Cotton (raw) Tea Ibs. 1:25 1:75 534 Ibs. Calculate the weighted index mumber of prices of these commodities for December 1950 taking 1946-47 as base.In the construction of the retail price index numbers the weights were assigned as follows. Food 0, Fuel-10, Housing-7, Clothing-4, and Misc.-9. Compute the index number foi the period if the average percentage of increase in prices of the various items were 20, 25, 30, 40, and 50 respectively. If an executive was getting a monthly salary of Rs. 3000 in the base period what should he get in the current period in order that he may be able to maintain his same standard of living.
- Because the total population in 2050 is much larger than the Comparison of Population in the United States in 1950 and 2050 (in millions of persons) 1950 population, comparing percentages in each age group is clearer than comparing counts. Make a table of the Age Group 1950 2050 percentage of the total population in each age group for both Under 10 years | 29.3 | 56.2 1950 and 2050. 10 to 19 years 21.8 || 56.7 Only one age group in 1950 represents a larger percentage of the population than it does in 2050. For that age group, 20 to 29 years | 24.0 | 56.2 30 to 39 years | 22.8 | 55.9 determine the difference of the percentages between 1950 and 2050. Report your answer to the tenth of a percent. 40 to 49 years 19.3 52.8 50 to 59 years 15.5 || 49.1 60 to 69 years| 11.0 | 45.0 70 to 79 years 5.5 34.5 difference in percentages: % 80 to 89 years 1.6 | 23.7 90 to 99 years 0.1 8.1 100 years and 0.6 over Total 151.1 310.6Please use excel.1. The histogram below summarizes budgets for about 5000 movies. You may assume that values are evenly distributed between the endpoints of each interval. per milion dollars 51 1 0.5 0 (2.18) (0.876) 13 (0.42) (0.228) 50 75 100 (0.067) 200 Movie budgets (Millions of dollars) (0.0035) (a) What percent of movies had a budget between 50 and 100 million dollars? _% (b) Which describes more of the movies (circle one)? budget from $75M-$100M OR budget from $100M-$200M (c) Which is larger (circle one)? median budget OR average budget (d) Calculate the median budget for this dataset. $. million
- 12. Below are given the wages earned by workers per week in a certain factory. Monthly income (Rs) Number of workers Upto Rs 10 50 Upto Rs 20 150 Upto Rs 30 300 Upto Rs 40 500 Upto Rs 50 700 Upto Rs 60 800 Draw an ogive.rrom the following ultimate class frequencies of the positive and negative classes and the total number of observations : (AB) = 100 , (aB) = 80 , (AB) = 50 , (aß) = 40.The following data show the of number of shoes (in 1000 units) sold by a new shoe manufacturing company in the 8 consecutive months of 2020: Month # Sold Month # Sold --------------------------------------------------------------------- January 8.42 | May 11.14 February 9.67 | June 10.61 March 10.42 | July 12.50 April 10.90 | August 12.82 Hand Estimate a linear trend model for the monthly sales of the company. Predict the number of shoes sold in September and October.