Home > Statistics > Index Number > Weighted Index Numbers example

5. Weighted Index Numbers example ( Enter your problem )
  1. Laspeyre's index number Example-1
  2. Paasche's index number Example-2
  3. Fisher's index number Example-3
  4. Marshall Edgeworth's index numberExample-4
  5. Dorbish-Bowley's index number Example-5
  6. Kelly's index number Example-6
  7. Walsh's index number Example-7

7. Walsh's index number Example-7





1. Find Walsh's index number
ItemPrice0Quantity0Price1Quantity1
Rice391401.5
Milk40124410
Bread452501.5
Banana302361.5


Solution:
Item`p_0``q_0``p_1``q_1``q_w=sqrt(q_0xxq_1)``p_0q_w``p_1q_w`
Rice391401.51.224747.76548.9898
Milk4012441010.9545438.178481.9959
Bread452501.51.732177.942386.6025
Banana302361.51.732151.961562.3538
------------------------
Total`615.8469``679.942`


1. By Walsh's Method, price index number

`I_W=(sum p_1q_w)/(sum p_0q_w) xx 100`

`=(679.942)/(615.8469) xx 100`

`=110.41`

Thus, there is a rise of `(110.41-100)=10.41%` in prices
2. Find Walsh's index number
ItemPrice0Quantity0Price1Quantity1
A10201222
B816818
C510611
D4748


Solution:
Item`p_0``q_0``p_1``q_1``q_w=sqrt(q_0xxq_1)``p_0q_w``p_1q_w`
A1020122220.9762209.7618251.7141
B81681816.9706135.7645135.7645
C51061110.488152.440462.9285
D47487.483329.933329.9333
------------------------
Total`427.9``480.3404`


1. By Walsh's Method, price index number

`I_W=(sum p_1q_w)/(sum p_0q_w) xx 100`

`=(480.3404)/(427.9) xx 100`

`=112.26`

Thus, there is a rise of `(112.26-100)=12.26%` in prices
3. Find Walsh's index number
ItemPrice0Quantity0Price1Quantity1
A325528
B150360
C230130
D515612


Solution:
Item`p_0``q_0``p_1``q_1``q_w=sqrt(q_0xxq_1)``p_0q_w``p_1q_w`
A32552826.457579.3725132.2876
B15036054.772354.7723164.3168
C230130306030
D51561213.416467.08280.4984
------------------------
Total`261.2268``407.1028`


1. By Walsh's Method, price index number

`I_W=(sum p_1q_w)/(sum p_0q_w) xx 100`

`=(407.1028)/(261.2268) xx 100`

`=155.84`

Thus, there is a rise of `(155.84-100)=55.84%` in prices




This material is intended as a summary. Use your textbook for detail explanation.
Any bug, improvement, feedback then Submit Here





Share this solution or page with your friends.
 
 
Copyright © 2026. All rights reserved. Terms, Privacy
 
 

.