fishers ideal index:
comm base yr current yr
price quant price quantity
A 4 3 6 2
B 5 4 0 4
C 7 2 9 2
D 2 3 1 5
Kindly provide the solution for tha above, i tried bt my answer nt matching with the answer given in module.
Neetu Agrawal (PCS) (213 Points)
21 May 2012fishers ideal index:
comm base yr current yr
price quant price quantity
A 4 3 6 2
B 5 4 0 4
C 7 2 9 2
D 2 3 1 5
Kindly provide the solution for tha above, i tried bt my answer nt matching with the answer given in module.
Tejaswi Kasturi
(student-cpt)
(427 Points)
Replied 21 May 2012
Laspeyer’s index =( ∑PnQ0)/ ( ∑P0Q0) *100 = (6*3+0*4 + 9*2 + 1*3) /(4*3 +5*4+7*2+2*3 ) = (39)/(52)*100 = ¾ *100 =75
Paasche’s index = ( ∑PnQn)/ ( ∑PnQn) *100= (6*2+0*4+9*2+1*5)/(4*2+5*4+7*2+2*5) = (35)/(52) = 3500/52 = 67.307
Fisher’s Index is the geometric mean of laspeyer’s and paashe’s index. Thus Fisher’s Index is √((3/4)*(35/52)) *100 = 71.05
intermediate(ipc)course
(no)
(1460 Points)
Replied 21 May 2012
L = EP1Q0/EP0Q0 * 100 = 18+10+18+3/12+20+14+6 * 100 = 39/52*100 = 75
P = EP1Q1/EP0Q1 * 100 = 12+0+18+5 /8+20+14+10 *100 = 35/52*100 = 67.31
F = ROOT L*P=ROOT75*67.31=71.05
Neetu Agrawal
(PCS)
(213 Points)
Replied 21 May 2012
even i gt the same answer bt the answer which is provided in module is 117.3 so confused..
Tejaswi Kasturi
(student-cpt)
(427 Points)
Replied 21 May 2012
The module that was given to us many errors so you should not be concerned about them getting an answer wrong
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