Calculate price index number from the following data by :t Laspeyres Method, (i) Paasches Method, and (iil) Fisher's Method.Base YearCurrent YearCommodityPriceQuantityExpenditureQuantityA505605621002401206036060103028824E84043236

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Answered: Calculate price index number from the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Create logical groupings (A,B,C) using percentage annual value in the figure below. Explain your answer(s).
Table 1: Cross Tabulation - Frequency Table Geneva Location 0 1 2 3 Total Geneva Location 0 1 2 3 Total FREQUENCY - DAILY SALES BY LOCATION Saratoga Location 0 O 0.0800 O 0.2300 O 0.1200 O 0.0300 O 0.1500 21 21 54 9 3 0 1 30 36 42 9 117 1 2 24 33 9 6 72 3 2 42 9 18 12 3 4 RELATIVE FREQUENCY - DAILY SALES BY LOCATION Saratoga Location 3 12 2 2 3 5 5 4 5 0.0700 0.1000 0.0800 0.0700 0.1200 0.1100 0.0300 0.0067 0.0000 0.0067 0.0600 0.0033 0.0100 0.0067 0.0300 0.1400 0.0300 0.0400 0.0100 0.0300 0.0200 0.0100 0.0167 0.0000 0.1800 0.3900 0.2400 0.1400 0.0400 0.0100 3 0 1 2 0 Total 86 111 77 26 300 Total 0.2867 0.3700 0.2567 0.0867 1.0000 According to Table 1 above, the probability that both locations will only sell two cars is.
Can this be answered using the format as follows : Step 1 Calculate total income Step 2..Calculate the fraction of Income Step 3.. Calculate fraction of population Step 4.. Calculate the fraction of richer population Step 5.. Calculate the Score. Step 6.. Calculate Aggregate Score. Step 7.. Calculate the Gini Coefficient.
From the data given below, aggregative expenditure ideal method: Commodity Current Year Base Year |Quantity Quantity 3 Price Price 4 2 B 2 3 5 IC 6 4 18 A. 92.67 B. 29.67 C. 76.92 D. 69.27
The marketing manager of "ABC Tapes" wants to assess the competitiveness of the company's product in the market. Table 1 represents the prices and quantities of blank cassette tapes sold in January 2016 and January 2020. TABLE 1 2016 2020 Length of tapes Price Quantity Price Quantity 30 minutes R 4.00 32 R 5.60 40 60 minutes R 4 30 150 R 6.15 190 90 minutes R 4.60 100 R 7.40 130 Using 2016 as base and calculate for 2020 the following: Determine the Laspeyres price index: a) 149.492 Ob) 149.367 Oc) 66.949 d) 66.893
The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. The Big Mac can also be a good indicator for the individual purchasing power of an economy since he exists worldwide in standard size, composition and quality. Price # of Countries Rel. f. Cum. f 1.50-1.99 2 2.00-2.49 4 2.50-2.99 7 3.00-3.49 9. 3.50-3.99 7 4.00-4.49 8 4.50-4.99 9 5.00-5.49 7 5.50-5.99 1 6.00-6.49 2 6.50-6.99 1 a. What is the statistical name of the table above? b. How many countries were sampled? c. State the class width. d. Calculate the mean and standard deviation of the average prices of a Big Mac worldwide. Attach correct symbols and units to your answers. Explain how you obtained your answers.
(e) Test the hypothesis Ho : B1 = 10 versus H1 :ß, # 10 using a = 0.01. Ho and conclude the slope v 10 at a = 0.01. (d) Test the hypothesis Ho : Bo = 0 versus H1 : Bo + 0 using a = 0.01. Ho and conclude that the intercept be included in the model.
Johnson Wholesale Company manufactures a variety of products. The prices and quantities produced for April 2010 and April 2019 are: 2010 2019 2010 Quantity 2019 Quantity Product Price Price Produced Produced Small motor (each) $ 23.92 $ 28.29 1,413 4,234 Scrubbing compound (gallon) 2.32 3.70 86,827 62,984 Nails (pound) 0.19 0.86 9,332 22,336 Click here for the Excel Data FileUsing April 2010 as the base period, find the value index of goods produced for April 2019. (Round your answer to 2 decimal places.)
3. SJS Company has been selling to retail customers in the Metro Manila area. It advertises extensively on radio, print ads, and the Internet. The owner would like to review the relationship between the amount spent on advertising expenses (in Php000s) and sales (in Php000s). Below is the information on advertising expenses and sales for the last nine (9) months of 2019. Month April May June July Aug Sept Oct Nov Dec Advertising Expense Sales 10 14 12 13 15 8 13 16 180 170 190 220 235 208 215 175 250 Revenue a. Find the coefficient of correlation. b. Create a scatter diagram based on the data.
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Calculate MSE for the 4 periods for which the actual and forecasted number of customers given in the table below: Period Actual Number of Customers Forecasted Number of Customers Error 1 1,975 2,000 2 2,050 2,025 3 1,925 1,975 4 2,075 2,025 0 390.63 37.5 6,250 1,562.5
IV. APPLICATION AND ANALYSIS ON QUEUING THEORY. Direction: Given the following assumptions, derive the answer/s for each question. In answering the questions, copy the questions into the Output Area and write your answers after each question. Assumptions: Mean Arrival Rate (2) = 3 customers/hour Number of Ser vers (C ) = 1 Mean Service Rate (U) = 4 customer s/hour 1. Calculate and determine the Occupation Rate. (p) 2. What is the average number in system average (L)? 3. Determine the average system in system (W). 4. What is the average time in queue (Wq)? 5. Determine the length of queue (Lq). Capacity Demand p = Available Capacity u =- L=p/(1- p) Lq= p2/(1- p) = L-p W=LA=1/(u- 2) We-Lψλ- λ( μ(μ- λ)

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Calculate price index number from the following data by : t Laspeyres Method, (i) Paasches Method, and (iil) Fisher's Method. Base Year Current Year Commodity Price Quantity Expenditure Quantity 50 560 56 100 240 120 60 360 60 10 30 288 24 8 40 432 36 ABCDE