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(a) An enquiry imto the budgets of middle class family gave the following information: Compute the price index number using: i. Weighted arithmetic mean of

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(a) An enquiry imto the budgets of middle class family gave the following information: Compute the price index number using: i. Weighted arithmetic mean of price relatives. ii. Weighted geometric mean of price relatives. (b) From the following data, calculate i. Laspeyre's price index ii. Paasche's price index (c) In the late 1990s many firms began downsizing in order to reduce their costs. One of the results of these cost-cutting measures has been a decline in the percentage of private industry jobs that are managerial. The following data shows the pereentage of females who are managers from 1990 to 1995. i. Develop a linear trend equation for this time seriss ii. Use the trend equation to estimate the percentage of females who are managers for (a) 1996 (b) 1997 (a) An enquiry imto the budgets of middle class family gave the following information: Compute the price index number using: i. Weighted arithmetic mean of price relatives. ii. Weighted geometric mean of price relatives. (b) From the following data, calculate i. Laspeyre's price index ii. Paasche's price index (c) In the late 1990s many firms began downsizing in order to reduce their costs. One of the results of these cost-cutting measures has been a decline in the percentage of private industry jobs that are managerial. The following data shows the pereentage of females who are managers from 1990 to 1995. i. Develop a linear trend equation for this time seriss ii. Use the trend equation to estimate the percentage of females who are managers for (a) 1996 (b) 1997

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