STA304 GDB 1 Solution and Discussion

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Assignment # 1 STA 304
Fall 2019

Maximum Marks: 10
Due Date: Wednesday 27 November, 2019

INSTRUCTIONS

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Question No.1:

Compute Fisher’s price index for 1990 with 1985 as base year from the following
Quantity (units) Value (Rs.)
Commodity 1985(qo) 1990(q1) 1985(poqo) 1990(p1q1)
A 100 110 900 1100
B 60 100 300 800
C 80 50 200 350
D 35 30 350 330