Fishers method for calculation of Price Index number is given by the formula

Question

TuteeHUB · Accepted Answer

$P_{01} = {\frac{\sum{P_1}{Q_0}}{\sum{P_0}{Q_0}}\times \frac{\sum{P_1}{Q_1}}{\sum{P_0}{Q_1}}}$

TuteeHUB · Answer

$P_{01} = \frac{\sum{P_1}{Q_0}\times 100}{\sum {P_0}{Q_0}}$

TuteeHUB · Answer

$P_{01} =\frac{\sum{P_1}{Q_1}\times 100}{\sum {P_0}{Q_1}}$

TuteeHUB · Answer

$P_{01} = \sqrt{\frac{\sum{P_1}{Q_0}}{\sum{P_0}{Q_0}}\times \frac{\sum{P_1}{Q_1}}{\sum{P_0}{Q_1}}} \times 100$

1.	Fishers method for calculation of Price Index number is given by the formula
A.	\(P_{01} = \frac{\sum{P_1}{Q_0}\times 100}{\sum {P_0}{Q_0}}\)
B.	\(P_{01} =\frac{\sum{P_1}{Q_1}\times 100}{\sum {P_0}{Q_1}}\)
C.	\(P_{01} = \sqrt{\frac{\sum{P_1}{Q_0}}{\sum{P_0}{Q_0}}\times \frac{\sum{P_1}{Q_1}}{\sum{P_0}{Q_1}}} \times 100\)
D.	\(P_{01} = {\frac{\sum{P_1}{Q_0}}{\sum{P_0}{Q_0}}\times \frac{\sum{P_1}{Q_1}}{\sum{P_0}{Q_1}}}\)
Answer» D. \(P_{01} = {\frac{\sum{P_1}{Q_0}}{\sum{P_0}{Q_0}}\times \frac{\sum{P_1}{Q_1}}{\sum{P_0}{Q_1}}}\)

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