Applied Statistics-Index Numbers (ISS (Statistical Services) Statistics Paper III): Questions 11 - 17 of 25

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Question number: 11

» Applied Statistics » Index Numbers » Role of CSO

Appeared in Year: 2010

Short Answer Question▾

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What is C. S. O. ? Describe briefly the role and importance of C. S. O. for execution of Indian statistical data.

Question number: 12

» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves

Appeared in Year: 2011

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Explain curve of concentration. Obtain income concentration for Pareto’s law of income distribution.

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Question number: 13

» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves

Appeared in Year: 2011

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Explain the formulation of the problem of distribution of income. Further discuss its Mathematical formulation in order to find number of persons with income x or more.

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Question number: 14

» Applied Statistics » Index Numbers » Price Relatives and Quantity or Volume Relatives

Appeared in Year: 2010

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What are the three tests of index numbers? Verify whether the following index number satisfies any of these tests:

I=

Where L = Lasperaye’s Price Index Number

P = Paasche’s Price Index Number.

Question number: 15

» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves

Appeared in Year: 2013

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Explaining Pareto’s law of income distribution, show that the elasticity decreases in the number of persons while passing to a higher income class.

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Question number: 16

» Applied Statistics » Index Numbers » Income Distribution-Pareto and Engel Curves

Appeared in Year: 2013

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Discuss Engel’s curve. Explain the Engel’s curve for constant price of a demand functionwhere is national income and p is price.

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Question number: 17

» Applied Statistics » Index Numbers » Laspeyre

Appeared in Year: 2013

Essay Question▾

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Discuss simple aggregate method of Index number. Why is weighted average of price relative index preferred over simple aggregate method? Show that weighted average of price relative index number is same as that of Paasche’s index number.

Explanation

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