1c) Construct Quantity Indices with Price as weightslshow the Formulas and all computations) for the period 2012 – 2015 according to the following methods. i baARBxces Quantity Indices ii. Panashe Quantity Indices iii. Fisher Quantity Indices

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ECON I NEED 1C ANSWERS 

The data presented in the Table below show the Price and Quantity of selected export
commodities for years 2012 - 2015.
2012
2013
2014
2015
Price ($) Exports Price ($)
Exports
Price ($)
Exports
Price ($)
Exports
(kg)
(kg)
(kg)
(kg)
Qis
ITEM
P12
P14
Pis
Group 1
Cement
30
318
32
355
35
466
44
370
Methanol
120
278
118
315
115
238
116
245
Rum
22
215
23
198
24
218
25
250
Сосоа
18
780
13
840
10
945
14
990
Price and Quantity data for a group of selected export commodities
1a) Using the Price data for the years 2012 - 2015, calculate a Simple (Unweighted) Aggregative
Index.
16) Construct a table showing a comparison of Simple (Unweighted) Average of Price
Relatives for the years 2012 – 2015, calculate using
i.
the Arithmetic Mean of Price Relatives
ii.
the Median of Price Relatives
iii.
the Geometric Mean of Price Relatives.
1c) Construct Quantity Indices with Price as wejghts(show the Formulas and all computations)
for the period 2012- 2015 according to the following methods.
i.
LASREKTES Quantity Indices
ii. Paasshe Quantity Indices
iii.
Fisher Quantity Indices
Transcribed Image Text:The data presented in the Table below show the Price and Quantity of selected export commodities for years 2012 - 2015. 2012 2013 2014 2015 Price ($) Exports Price ($) Exports Price ($) Exports Price ($) Exports (kg) (kg) (kg) (kg) Qis ITEM P12 P14 Pis Group 1 Cement 30 318 32 355 35 466 44 370 Methanol 120 278 118 315 115 238 116 245 Rum 22 215 23 198 24 218 25 250 Сосоа 18 780 13 840 10 945 14 990 Price and Quantity data for a group of selected export commodities 1a) Using the Price data for the years 2012 - 2015, calculate a Simple (Unweighted) Aggregative Index. 16) Construct a table showing a comparison of Simple (Unweighted) Average of Price Relatives for the years 2012 – 2015, calculate using i. the Arithmetic Mean of Price Relatives ii. the Median of Price Relatives iii. the Geometric Mean of Price Relatives. 1c) Construct Quantity Indices with Price as wejghts(show the Formulas and all computations) for the period 2012- 2015 according to the following methods. i. LASREKTES Quantity Indices ii. Paasshe Quantity Indices iii. Fisher Quantity Indices
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