Index number long questions (question 1) 3 sep,2014 user 1 comment question 1 : table below shows the price indices and percentage of usage of four items, p , q , r and s , which are the main ingredients in the production of a type of toy. (b) calculate the composite index for items in the year 2006 based on the year 2000 (c) the total monthly cost of the items in the year 2000 is rm456 calculate the corresponding total monthly cost for the year 2006. Based on the year 1995, the index number of an oven for the years 1998 and 2001 are 110 and 130 respectively find the index number for the year 2001 based on the year 1998 solution.
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Additional mathematics project work index number add-maths-project-work-1-2012( english) index number express notes 1 index number , i documents similar to additional mathematics: index numbers project work for additional mathematics 2012 (penang) uploaded by. Additional mathematics module form 4chapter 11- index number smk agama arau, perlispage | 146example 2:the price index of a product in the year 1998 is 120 based on the year 1994 and 130 based on the year1991.
(b) calculate the composite index for items in the year 2006 based on the year 2000 (c) the total monthly cost of the items in the year 2000 is rm456 calculate the. Use the index box method to solve problems involving index numbers by shaifurazura in types school work study guides, notes, & quizzes and educational.
Business activity thus, we have index of wholesale prices, index of consumer prices, index of industrial output, index of value of exports and index of business activity, etc here we shall be mainlyinterested in index numbers of prices showing changes with respect to time,although methods described can be applied to other cases. Index number one particular type of descriptive measure that is useful in allowing comparisons of data over time is the index number an index number is, in part, a ratio of a measure taken during one time frame to that same measure taken during another time frame, usually denoted as the base period.
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