Index numbers(unweighted index number)(simple aggregative method by fixed base)

Index numbers(unweighted index number)(simple aggregative method by fixed base)

1. INDEX NUMBERS Unweighted index number Simple Aggregative Method by Fixed Base: NADEEM UDDIN ASSOCIATE PROFESSOR OF STATISTICS https://www.slideshare.net/NadeemUddin17 https://nadeemstats.wordpress.com/listofbooks/

2. Unweighted index number Simple Aggregative Method by Fixed Base: It is obtained by dividing the sum of the prices of current year by the sum of the prices of base year and expressed as percentage i.e.

3. Commodities Price (2010) Price (2011) A 50 65 B 75 77 C 98 102 D 100 120 E 150 167 Example – 1: Calculate the price index number for the year 2011 by using simple aggregative method.

4. Commodities P o P n A 50 65 B 75 77 C 98 102 D 100 120 E 150 167 Solution:

5. Commodities Prices 2005 2006 2007 2008 Sugar 15 16.5 17 18 Wheat 25.4 21.4 25.5 30.4 Rice 15.5 16.2 19 19.5 Gram 13.5 14.3 13.7 14.0 Example – 2 : Calculate index number for the following data. Taking 2005 as base year by using simple aggregative method.

6. Solution: Commodities Sugar 15 16.5 17 18 Wheat 25.4 21.4 25.5 30.4 Rice 15.5 16.2 19 19.5 Gram 13.5 14.3 13.7 14.0 For 2006: For 2007: For 2008:

7. Commodities Price 2000 Price 2002 Wheat 25.4 30.2 Rice 18.9 19.3 Barley 16.3 18.5 Jawar 11.5 13.6 Grams 13.6 13.9 1-Compute the index number using simple aggregative method with base 2000. Commodities Price 2000 Price 2001 Price 2002 A 81 82 85 B 90 93 95 C 20 22 23 D 15 20 25 E 50 53 56 F 77 78 80 2-Compute the index numbers using simple aggregative method with base 2000. DO YOURSELF

8. Commodities Price 2002 Price 2003 Price 2004 Price 2005 Price 2006 A 75 52 94 83 50 B 62 44 77 65 48 C 100 118 101 144 155 D 200 203 195 210 215 3-Compute the index numbers using simple aggregative method with base 2002. Answers (1).111.44% (2).104.50% ,109.31% (3).95.42% ,106.86% ,114.87% ,107.09%