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. If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___?
Most Upvoted Answer
. If laspeyre's index number is and paasche's index number is 160, the...
Calculation of Fisher's Index Number
- Laspeyre's index number = base year quantity x current year price / base year price x 100
- Paasche's index number = current year quantity x current year price / base year quantity x base year price x 100
- Fisher's index number = square root of Laspeyre's index number x Paasche's index number
Explanation
Laspeyre's index number and Paasche's index number are two methods used to calculate the price index. Laspeyre's index number uses the base year quantity and current year price to calculate the index number, while Paasche's index number uses the current year quantity and base year price.
Fisher's index number is a geometric mean of Laspeyre's index number and Paasche's index number. It takes into account the advantages and disadvantages of both methods and provides a more accurate measure of price changes.
In this case, if Laspeyre's index number is given as x and Paasche's index number is given as 160, we can calculate Fisher's index number as follows:
Fisher's index number = square root of x x 160
Therefore, the Fisher's index number cannot be determined without the value of Laspeyre's index number.
Community Answer
. If laspeyre's index number is and paasche's index number is 160, the...
Okay, what is the laspeyre's index number?
if both laspeyre's and paasche's index number is 160 then the answer is:
p^f = √p^l (p^p)
p^f = √160(160)
p^f = √25600
p^f = 160.
p^f = index number of fisher
p^l = index number of laspeyre
p^p = index number of paasche
if both laspeyre's and paasche's index number is 160 then the answer is:
p^f = √p^l (p^p)
p^f = √160(160)
p^f = √25600
p^f = 160.
p^f = index number of fisher
p^l = index number of laspeyre
p^p = index number of paasche
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. If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___?
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. If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about . If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for . If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___?.
. If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about . If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for . If laspeyre's index number is and paasche's index number is 160, then fisher's index number will be ___?.
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