RMB 104 – Practice sheet

Attempt all the questions given below :

Q1.

Year 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997
Production 15 18 16 22 19 24 20 28 22 30
(in
lakh ton)
Calculate 3 yearly and 5 yearly moving average with the help of above data.

Q2.Calculate the 4 yearly moving average from the following data:

Year : 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001
Value: 12 25 39 54 70 87 105 100 82 65 49 34

Q3.Calculate the following by using the given data and test the adequacy of Laspeyres Method with
respect to Time reversal test and factor reversal test.

i) Laspeyres Price Index

ii) Paasche Price Index
iii) Fisher Price Index
iv) Bowley’s Price Index
v) Marshall – Edgeworth Price Index

Commodity P0 Q0 P1 Q1
A 10 30 12 50
B 8 15 10 25
C 6 20 6 30
D 4 10 6 20

Q4. From the following data , Compute a quantity Index

Commodity Quantity Price

2008 2009 2008

A 30 25 30

B 20 30 40

C 10 15 20
Q5. Year : 2000 2001 2002 2003 2004 2005

Price : 50 60 65 70 75 80

A) Calculate index number by taking 2000 as a base year

B) Calculate Chain Index Number

Q6. Test the adequacy of the formula of index number given by Laspeyres , Paasche and Fisher with
the help of Time reversal test and Factor reversal test.

Q7 . Fit a straight line trend for the following series . Estimate the value for 2012 .

Year 2001 2002 2003 2004 2005 2006 2007

Production 60 72 75 65 80 85 95

Q8. . Fit a straight line trend for the following series .

Year 2001 2002 2003 2004 2005 2006 2007

Production 50 52 55 60 75 80 85

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