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Index Number 2
Index Number 2
Laspeyre’s Method
Paasche’s Method
Dorbish and Bowley’s Method
Marshall-Edgeworth’s Method
Fisher’s Method
Kelly’s Method
Laspeyre’s Method / Aggregate
Expenditure Method
2
Marshall-Edgeworth’s Method
o P01 = ∑P1Q0 + ∑P1Q1 x 100
∑P0Q0 + ∑P0Q1
Fisher’s Method
o P01 =√ ∑P1Q0 x ∑P1Q1 x 100
∑P0Q0 ∑P0Q1
Kelly’s Method
Here,
Q = Q0 + Q1
2