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DBF 402 - Fundamentals Of Quantitative Analysis Assignment
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Assignment Task
The table below shows the prices of different items in different periods
|
|
Year 2010 |
Year 2015 |
||
|
Item |
Price (Sh) |
Quantity (bags) |
Price (Sh) |
Quantity (bags) |
|
Beans |
2010 |
2040 |
2060 |
1870 |
|
Millet |
5050 |
3050 |
4530 |
5070 |
|
Potatoes |
1550 |
5000 |
2200 |
4510 |
|
Maize |
2270 |
6000 |
3150 |
5040 |
Required
Using the year 2010 as the base year calculate the following ( and make a comment in each case )
- Simple Price relatives for the year 2015
- Laspeyres price index for the year 2015
- Paasche’s quantity index for the year 2015
- Fisher index for the year 2015
- Unweighted aggregate quantity and price index for year 2015
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