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Obtain consumer price index numbers from the following group indices using (a) weighted arithmetic mean,(b) weighted geometric mean,and (c) weighted harmonic mean _ Group: food ,fuel&light,cloth,Rent , miscellaneous?
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Obtain consumer price index numbers from the following group indices u...
To obtain consumer price index numbers using different means for the group indices of food and fuel, we would need the following information:

1. Weighted Arithmetic Mean:
- The prices of individual food and fuel items.
- The corresponding weights assigned to each item, indicating their relative importance in the overall index.

2. Weighted Geometric Mean:
- The price relatives of individual food and fuel items.
- The corresponding weights assigned to each item.

3. Weighted Harmonic Mean:
- The quantities of individual food and fuel items consumed.
- The corresponding prices of each item.

Without specific data on prices, weights, price relatives, and quantities, it is not possible to calculate the consumer price index numbers using different means for the food and fuel group indices.
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Obtain consumer price index numbers from the following group indices using (a) weighted arithmetic mean,(b) weighted geometric mean,and (c) weighted harmonic mean _ Group: food ,fuel&light,cloth,Rent , miscellaneous?
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Obtain consumer price index numbers from the following group indices using (a) weighted arithmetic mean,(b) weighted geometric mean,and (c) weighted harmonic mean _ Group: food ,fuel&light,cloth,Rent , miscellaneous? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Obtain consumer price index numbers from the following group indices using (a) weighted arithmetic mean,(b) weighted geometric mean,and (c) weighted harmonic mean _ Group: food ,fuel&light,cloth,Rent , miscellaneous? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Obtain consumer price index numbers from the following group indices using (a) weighted arithmetic mean,(b) weighted geometric mean,and (c) weighted harmonic mean _ Group: food ,fuel&light,cloth,Rent , miscellaneous?.
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