Gujarat Board Statistics Class 12 GSEB Solutions Part 1 Chapter 1 Index Number Ex 1.2 Textbook Exercise Questions and Answers.
Gujarat Board Textbook Solutions Class 12 Statistics Part 1 Chapter 1 Index Number Ex 1.2
Question 1.
The chain base index numbers of agricultural production of a state from the year 2008 to 2014 are as follows. Compute the fixed base index numbers. (Take 2007 as base year.)
Answer:
Base year = 2007. Hence, index number for 2007 = 100
Question 2.
Obtain the chain base index number from the fixed base index numbers given below with the year 2007 – 08 as the base year for the wholesale prices of machines and equipments:
Answer:
Question 3.
The fixed base index numbers of food from the month of January to October in the year 2015 for the industrial workers of Ahmedabad are as given below. Compute the chain base index numbers.
Answer:
[Note: Here, base year is not mentioned. Therefore chain base index number of January we will take 100.]
Question 4.
The chain base index numbers for sales of a certain type of scooter from the year 2010 to 2015 are as follows. Find fixed base index numbers.
Answer:
