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Econometrics

S/E/202. Data Interpretation: index numbers

WORDS:
1300
DATE:
2009
PRICE:
19.99 GBP

The paper examines the concept of index numbers and its applications looking at the changes in variable numbers and calculating a price index. The meaning of consumer price index (CPI) or retail price index (RPI) is explained, Excel calculations for Laspeyres and Paasches are presented.

 

KEYWORDS: data, interpretation, index,

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