Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
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Chapter 17, Problem 5E

a.

To determine

To develop: A simple price index using August 2010 as the base period.

b.

To determine

To develop: A simple aggregate price index using 2010 as the base period.

c.

To determine

To find: The Laspeyres’ price index using 2010 as the base period.

d.

To determine

To find: The Paasche’s index using 2010 as the base period.

e.

To determine

To find: The Fisher’s ideal index.

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