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1. CALCULATE THE INDEX NUMBER FOR THE YEAR 2020 WITH 2010 AS THE BASE YEAR BY THE WEIGHTED AVERAGE OF PRICE RELATIVES METHOD FROM THE
1. CALCULATE THE INDEX NUMBER FOR THE YEAR 2020 WITH 2010 AS THE BASE YEAR BY THE WEIGHTED AVERAGE OF PRICE RELATIVES METHOD FROM THE FOLLOWING DATA: (7 POINTS) COMMODITY WEIGHT PRICE ($) PER UNIT 2010 PRICE ($) PER UNIT 2020 A 40 32 40 B 25 80 120 C 5 1 1 D 20 10,24 15.36 E 10 4 3 F 10 9.50 7,25
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