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A random, sample of 1 0 0 households has been selected in order to establish a price index for housing utilities. The following average annual
A random, sample of households has been selected in order to establish a price index
for housing utilities. The following average annual figures have been obtained.
Prices Kwachas per Unit Quantities
Electricity
Gas
Water
Telephone
The units are: thousand kilowatt hours for electricity, hundred thermos for gas, hundred
cubic metres for water, and hundred message unit equivalents for the telephone.
REQUIRED:
A Calculate unweighted aggregate price indexes for using
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