CALCULATE FISHER'S IDEAL INDEX NUMBER FROM THE FOLLOWING DATA
YEAR ARTICLE A ARTICLE B ARTICLE C
1975 PRICE QUANTITY PRICE QUANTITY PRICE QUANTITY
1982 16 4 4 4 2 2
30 3.5 14 1.5 6 2.5

Question

CALCULATE FISHER'S IDEAL INDEX NUMBER FROM THE FOLLOWING DATA
YEAR ARTICLE A ARTICLE B ARTICLE C
1975 PRICE QUANTITY PRICE QUANTITY PRICE QUANTITY
1982 16 4 4 4 2 2
30 3 5 14 1 5 6 2 5

Vanita Rana · Accepted Answer

Dear Student,

Article
P0
Q0
P1
Q1

P0Q0

P0Q1

P1Q0

P1Q1

A
16
4
30
3 5
64
56
120
105

B
4
4
14
1 5
16
6
56
21

C
2
2
6
2 5
4
5
12
15

Total

84
67
188
141

Fisher's index=∑P1Q0∑P0Q0×∑P1Q1∑P0Q1×100                            =18884×14167×100=265085628×100                           =2
17025×100=217 025

Article	P₀	Q₀	P₁	Q₁	P₀Q₀	P₀Q₁	P₁Q₀	P₁Q₁
A	16	4	30	3.5	64	56	120	105
B	4	4	14	1.5	16	6	56	21
C	2	2	6	2.5	4	5	12	15
Total					84	67	188	141

CALCULATE FISHER'S IDEAL INDEX NUMBER FROM THE FOLLOWING DATAYEAR ARTICLE A ARTICLE B ARTICLE C1975 PRICE QUANTITY PRICE QUANTITY PRICE QUANTITY1982 16 4 4 4 2 2 30 3.5 14 1.5 6 2.5

CALCULATE FISHER'S IDEAL INDEX NUMBER FROM THE FOLLOWING DATA
YEAR ARTICLE A ARTICLE B ARTICLE C
1975 PRICE QUANTITY PRICE QUANTITY PRICE QUANTITY
1982 16 4 4 4 2 2
30 3.5 14 1.5 6 2.5