Following are the quantities and prices for the years 2000 and 2014 for Kinzua Valley Geriatrics. Use

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Following are the quantities and prices for the years 2000 and 2014 for Kinzua Valley Geriatrics. Use 2000 as the base period.

a. Determine the simple price indexes.
b. Determine the simple aggregate price index price index. for the two years.
c. Determine Laspeyres price index.
d. Determine the Paasche
e. Determine Fisherâ€™s idealindex.

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Statistical Techniques in Business and Economics

ISBN: 978-0078020520

16th edition

Authors: Douglas Lind, William Marchal

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Question Posted: Dec 10, 2014 09:26 AM

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Following are the quantities and prices for the years 2000 and 2014 for Kinzua Valley Geriatrics. Use

Question:

2000 2014 Price Quantity Price Quantity Item Syringes (dozen) Thermometers Advil (bottle) 8.10 4.00 Patient record forms (box) 6.00 ,000 6.85 900 12.00 $6.10 1,500 $6.83 2,000 250 40 10 250 9.35 4.62 Computer paper (box) 30 13.65

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Statistical Techniques in Business and Economics

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