Question

8. Calculate the index number for 2008 with 2007 as base year, using (1) arithmetic mean, (ii) median
and (ii) geometric mean of relatives :
Item
A
B
С
D
E
15
40
25
2007 Price (5)
24.60
50
8.62
11.25
60
31.25
37.50
18.45
8.62
2008 Price €)​

Answer 1

Answer:

ans will me 1 no.. u can check by urself also if ans is worng

Answer 2

Answer:

i)100,ii)87.5,iii)96.2