Home > Statistics > Index Number > Fixed base method and Chain base method for bivariate grouped data example

3. Fixed base method and Chain base method for bivariate grouped data example ( Enter your problem )
  1. index number using Fixed base method by taking base year 2011 Example-1
  2. index number using Fixed base method by taking base year 2010 Example-2
  3. index number using Chain base method Example-3
  4. index number using Chain base method Example-4
  5. Example-5
  6. Example-6

5. Example-5





Find index number using Fixed base method by taking base year 2011, Chain base method
Item\Year20112012201320142015
Wheat4046505664
Bajri2030364254
Chana50648096112

Solution:
Fixed base method :
Fixed base index number `I=("Value of variable in current year (period)")/("Value of variable in base year (period)") xx 100`

Base year = 2011
Item\Year20112012201320142015
Wheat`(40)/(40)xx100=100``(46)/(40)xx100=115``(50)/(40)xx100=125``(56)/(40)xx100=140``(64)/(40)xx100=160`
Bajri`(20)/(20)xx100=100``(30)/(20)xx100=150``(36)/(20)xx100=180``(42)/(20)xx100=210``(54)/(20)xx100=270`
Chana`(50)/(50)xx100=100``(64)/(50)xx100=128``(80)/(50)xx100=160``(96)/(50)xx100=192``(112)/(50)xx100=224`
Total300393465542654
General index number `=("Total")/3``300/3=100``393/3=131``465/3=155``542/3=180.67``654/3=218`





Chain base method :
Chain base index number `I=("Value of variable in current year (period)")/("Value of variable in preceding year (period)") xx 100`

Item\Year20112012201320142015
Wheat`(40)/(40)xx100=100``(46)/(40)xx100=115``(50)/(46)xx100=108.7``(56)/(50)xx100=112``(64)/(56)xx100=114.29`
Bajri`(20)/(20)xx100=100``(30)/(20)xx100=150``(36)/(30)xx100=120``(42)/(36)xx100=116.67``(54)/(42)xx100=128.57`
Chana`(50)/(50)xx100=100``(64)/(50)xx100=128``(80)/(64)xx100=125``(96)/(80)xx100=120``(112)/(96)xx100=116.67`
Total300393353.7348.67359.52
Aggregate index number `=("Total")/3``300/3=100``393/3=131``353.7/3=117.9``348.67/3=116.22``359.52/3=119.84`





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