Marshall Edgeworth Price Index

by kasi | Jun 20, 2010 | Descriptive statistics | 15 comments

If the weights are taken as the arithmetic mean of base and current year quantities, then the weighted aggregative index is called marshal edgeworth index. Like Fisher’s index, Marshall edgeworth index also requires too much labor in selection of commodities. In some cases the usage of this index is not suitable, for example the comparison of the price level of a large country to a small country. Marshal edgeworth index can be calculated by using the formula given below.

Problem: With the help of following data, construct an index number using Marshal Edgeworth Formula.

Solution:

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15 Comments

Nana on May 23, 2013 at 5:27 pm
good explaination
Lalitha on July 28, 2013 at 5:06 pm
First-Class explanation
vincent mndeme- UDOM on October 27, 2013 at 8:44 pm
helpful. thank you
momanyi on June 1, 2014 at 6:55 pm
thanks
Kellie on November 17, 2015 at 9:53 am
Intelligent and detailed explanation for both fast and slow learners
…am greatful.
yegon gideon on November 19, 2015 at 7:40 am
thanks,its helpful
Nyabalah felix on March 8, 2016 at 5:45 am
VERY FAST AND TO THE POINT EXPLANATION; THANKS A LOT
makwato anthason on April 9, 2016 at 11:27 am
Much gratitude ,,
donzee on June 15, 2016 at 12:31 am
good explanation
fines mwiinga on June 24, 2016 at 8:14 pm
So helpful thanks
Allanlito on June 9, 2017 at 3:51 am
short, clear and up to the task explanation, thumps ?
Velma on March 1, 2018 at 10:20 am
Can you please show that Marshall index lies between laspyeres and paasches index
Ade-much on April 20, 2018 at 6:24 pm
Excellent explanation.
Simple and solve one
Job on September 26, 2018 at 6:11 am
Thank u. Perfect help
Moraine on November 22, 2018 at 2:03 pm
Very helpful.. thank you

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