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Compute the Paasche Price Index for the years 2011, 2012 and 2013 using 2010 as your...

Compute the Paasche Price Index for the years 2011, 2012 and 2013 using 2010 as your base period. b) Compute the Laspeyres Price Index for the years 2011, 2012 and 2013 using 2010 as your base period.

Year Item Price Quantity
2010 1          2.75 11
2010 2          0.85 48
2010 3          1.33 19
2011 1          2.98 8
2011 2          0.89 53
2011 3          1.32 27
2012 1          3.10 8
2012 2          0.95 65
2012 3          1.36 24
2013 1          3.21 10
2013 2          0.98 67
2013 3          1.40 33
Math   Statistics-And-Probability   
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