Download App

PART 1 : INDEX NUMBER — Statistics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceStatisticsPART 1 : INDEX NUMBER3 Marks
Question
Calculate index number by total expenditure method from the following data.
Item Quantity Price $(₹)$
Year $2014$ Year $2014$ Year $2018$
$A$ $4$ $10$ $11$
$B$ $7$ $5$ $13$
$C$ $10$ $3$ $12$
$D$ $3$ $20$ $24$
$E$ $2$ $13$ $26$
✓

Answer

Index number by total expenditure method $=198.43$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Each" from PART 1 : INDEX NUMBER→PART 1 : INDEX NUMBER — all question types→Statistics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

The index numbers of food and clothing among the different groups of cost of living are $150$ and $224.7$ respectively for the year $2015.$ The price of fuel has increased by $220 \%$. The expense on rent has increased from $₹ 4000$ to $₹ 6000$ and miscellaneous expenses increased by $1.75$ times. If the expenditure for the first four groups are $40 \%, 18 \%, 12 \%$ and $20 \%$ respectively, find the cost of living index number for the year $2015$ and interpret it.
→
Fit a linear equation from the following data for variable (y) of a time series $ n=4, \sum y=270, \sum ty=734 $.
→
Find the value of the following: $\lim _{x \rightarrow k} \frac{x^{2}-\sqrt{x^{2}+3 k^{2}}}{x+k}$
→
The information obtained on the basic of ranks given by two judges to eight contestants of a dance competition is given below: $\sum\left( R _x- R _y\right)^2=126$ Where $R _{ x }$ and $R _{ y }$ are the ranks given to a contestant by two judges respectively. Find Spearman's rank correlation coefficient.
→
If $p(x)=0.2 A .3^{x-1} ; x=1,2,3,4$, then find the value of constant A such that $p(x)$ becomes a probability distribution.
→
Two six-faced balanced dice are thrown simultaneously. If the sum of numbers on both the dice is more than $7$ then find the probability that both the dice show same numbers.
→
Find the values of the following: $\lim _{x \rightarrow-3} \frac{2 x^{2}+9 x+9}{2 x^{2}+7 x+3}$
→
Find the values of the following: $\lim _{x \rightarrow 0} \frac{1}{x}\left[\frac{5 x+14}{3 x+7}-2\right]$
→
The prices of five food items for the year $2012$ and $2017$ are given below. Find general price index number for the items by taking the year $2012$ as the base year.
Item Price per kg $(₹)$  
  Year $2012$ Year $2017$
$A$ $8$ $10$
$B$ $12$ $18$
$C$ $10$ $7$
$D$ $6$ $9$
$E$ $15$ $21$
→
$70 \%$ persons among the residents of an area are vegetarian. Find the probability of having less than $4$ vegetarians in a sample of $5$ persons.
→