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Spliced price index

Maths & Stats

How spliced price index came ? What is the formula ? Video Details ------------- Statistics Index Numbers #5. Limitation, Deflation, Shifting & Splicing

Bharavi Kothari

CA Foundation

★ 20K+

20-May-24 09:23

281

Answers (2)

Thread Starter

Bharavi Kothari

CA Foundation

★ 20K+

22-May-24 13:36

Take each value of old price index from 1990 and divide by 114.2 ( 1995 value ). You will get new values which will match with last column ie splice index number

Pavan Kumar

Faculty

22-May-24 17:44