Following are the prices of toothpaste (9 oz.), shampoo (7 oz.), cough tablets (package of 100), and antiperspirant (2 oz.) for August 2010 and August 2018. Also included are the quantity purchased. Use August 2010 as the base.

a. Determine the simple price indexes.

b. Determine the simple aggregate price index for the two years.

c. Determine the Laspeyres price index.

d. Determine the Paasche price index.

e. Determine Fisher’s ideal index.

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August 2010 August 2018 Item Price Quantity Price Quantity $2.49 $3.35 Toothpaste Shampoo 3.29 4 4.49 Cough drops Antiperspirant 1.59 2 4.19 3 1.79 3 2.49 4