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Use the data in the table to calculate the Paasche quantity index. Show all work. 2005 (base year) Price ($) 2005 (base year) Quantity

Use the data in the table to calculate the Paasche quantity index. Show all work.

 

2005 (base year) Price ($) 2005 (base year) Quantity 2015 Price ($) 2015 Quantity
Bread (loaf) 0.77 50 1.98 55
Eggs (dozen) 1.85 26 2.98 20
Milk (gallon) 0.88 102 1.98 130

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