From the following data find out price index number by fisher’s ideal formula for 2002 based on 2001. items A B C D Price (2001) 12 4 8 20 Quantity (2001) 100 200 120 60 Price (2002) 20 4 12 24 Quantity (2002 ) 120 240 150 50
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Answer:
137.40
Explanation:
fisher's index number formula
√IL*IP
Laspeyres and Paasche index number
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