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Price (in

Pesos) Quantity wi(0)+wi(n xi(n) xi(0)


(n) (0) (0) (0) )
Item 1994 2014 1994 2014 xi w i x wi
i (w +wi(n))
i
(0)
(wi +wi(n))
(0)

Pork
(Per 191880
Kilo) 85 195 9840 15240 0 836400 25080 4890600 2131800
Egg (Per
Tray) 80 125 900 1400 112500 72000 2300 287500 184000
Milk (Per
Liter) 38 47 7500 10000 352500 285000 17500 822500 665000
238380 119340
0 0 6000600 2980800

∑ x (n)
i wi
(n )

i=1
1. Weighted Aggregate Price Index= k
x 100
(0 ) (0 )
∑x i w i
i=1
( 195 ×15,240 ) + ( 125 ×1,400 )+(47 × 10,000)
W AI (2014) = ×100
( 85 × 9,840 )+ ( 80 ×900 ) +(38 ×7,500)
WAI (2014)=303.0668678 ≈ 303 .0 7

∑ x(n)i w(n)i
' i=1
2. Paasch e s Price Index= k
x 100
(0) (n)
∑x i w i
i=1
( 195 ×15,240 )+ (125 × 1,400 )+(47× 10,000)
P I (2014) = ×100
( 85× 15,240 ) + ( 80 ×1400 ) +(38× 10,000)
(2014)
PI =202.3497818 ≈202.35

k k

√ ∑ x(n) (0) (n) (n)


i wi ∑ xi wi
3. Fishe r ' s Ideal Price Index= i=1 i=1
×100=√ LI × PI
k k
(0) (0) (0) (n)
∑x i w i ∑x i w i
i=1 i=1

[ (195 × 9840 ) + ( 125 ×900 ) + ( 47 ×7500 ) ] [ ( 195× 15,240 ) + ( 125 ×1,400 ) + ( 47 × 10,000 ) ] × 100
FII (2014)=

FI I (2014)
√ [ ( 85 ×9840 ) + ( 80 × 900 ) + ( 38 ×7500 ) ] [ ( 85 ×15,240 ) + ( 80 ×1,400 )+ (38 × 10,000 ) ]
=20 1.0449928 ≈ 201 . 04
k

∑ x (n)
1 w1
(0 )

' i =1
4. Laspeyre s Index= k
x 100
0 0
∑x 1 w 1
i=1

2383800
¿ x 100=199.75
1193400
k

∑ x(in) (w (i0 )+ wni )


' i=1
5. Edgeworth−Marshal l s Index= k
x 100
( 0) (0 ) n
∑ x (wi i +w i )
i=1

6000600
¿ x 100=201.31
2980800

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