Toll free: 1- 877- 252 - 7763 | Fax: 1- 425- 458- 9358
HomeSolution LibraryStatisticsIndex Number › Solution ID 4849

This solution has not been downloaded by you.

Download now to rate and review the solution!

To find weighted aggregate price index using Laspeyres and Paasche method.

Views (1106)

a. The following table reports prices and usage quantities for two years in 1990 and 1992.

Item 1990 1992 1990 1992
A 1450 1500 9 11
B 540 650 4 6.5

(a)  Compute a weighted aggregate price index for the two items using the Laspeyres method.

(b)  Compute a weighted aggregate price index for the two items using the Paasche method.

Reviews & Ratings

You can help other students Rate this Solution!
Be the first to review this solution!
$ 3.99 Original Price: $ 6.99 Solution document is in Pdf format

Buy Now
cant find what your looking for