Compute by Fisher's Index Formula, the quantity index from the data given below : Commouity Price Value Price A Value 10 100 B 8 96 16 96 14 98 12 36 10 40
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- What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?Compute by a suitable method the Index Number of quantity from the data given below : 2010 2016 Commodity Price- Total value Price Total Value 8. 80 10 110 10 90 12 108 16 256 20 340 ABCHouse of coffees imports and distributes coffee to over 300 retailers countrywide. Data for 2007 and 2010 is shown in the table below. Calculate the Laspeyres Quantity Index using 2001 as the base year (rounded off to two deccimals)
- In calculating cost of living index number, the weights used were : Food 8 18, Rent 2, Clothing 32, Fuel and Light 1 and Miscellaneous 2. Calculate the index number in the case of data where the percentage increases in the prices of the various items in 2017 over prices of 2016 were 40, 75, 60, 35, and 80 respectively.The demand for hand sanitizers is off the charts due to this coronavirus outbreak. People are in desperate need of hand sanitizers. Therefore, FMCGs like Unilever Bangladesh Limited are producing this life-essential product in a bulk amount to help the citizens across Bangladesh to maintain the hygiene standards. Sales figures and profits for the stores are given in the following table. (For the Unit sales, pick any value in between 12-33Units in ascending order). Unit Sales, X Profit (Taka), Y ** 1200 ** 1650 ** 1950 ** 2300 ** 2700 ** 3600 ** 4100 Obtain a regression line for the data. Calculate the profit of a shop for 40 unit sales. Calculate the correlation between unit sales and profit. What is the coefficient of determination of these variables?In a particularly small region in the Philippines, the consumer price index C depends on
- The following table shows the square footage of houses in an area that sold recently along with the selling price. Sq. Ft. Price 2096, 295000, 3160, 338000, 2320, 265000, 3150, 365000, 2760, 330000, 3650, 412000, 2125, 320000, 3085, 342000, 4750, 485000, 2100, 320000, 3100, 316000, 2240, 321000, 3300, 347000, 2800, 350000, 2825, 330000, 3275, 420000 1. Find the equation of the regression line (line of best fit). 2. Determine if there is a strong linear correlation. 3. If there is a strong linear correlation predict the selling price of a 3333 sq. ft. homeThe national housing authority (NHA) wants to investigate the relationship between the size of houses and the rents paid by tenants in Marikina City. The NHA collected the following information on the sizes (in hundreds of square feet) for eight houses and the monthly rentsThe Sea Wharf Restaurant would like to determine the best way to allocate a monthly advertising budget of 55,000 between newspaper advertising and radio advertising. Management deidad that at least 30% of the budget must be spent on each type of media and that the amount of money spent on local newspaper advertising must be at least twice the amount spent on radia advertising. A marketing consultant developed an index that measures audience exposure per dollar of advertising on a scale from o to 100, with higher values implying greater audience exposure. If the velue of the index for local newspaper advertising is 80 end the value of the index for spot radio advertising is 90, how should the restaurant allocate its advertising budget to maximize the value of total audience exposure Formulate a inear programming model that can be used to determine how the restaurent should allocate its advertising budget in order to maximize the value of total audience exposure. (Assume Nis the amount…
- From the following data, compute a quantity index: commodity quantity price in 2016 2016 2017 30 25 30 20 30 40 C 10 15 20The daily sales figures shown below have been recorded in a medium size insurance companyThe following data are the yields, in bushels, of hay from a farmer's last 10 years:375, 210, 150, 147, 429, 389, 320, 580, 507, 180.Find the IQR.