Free Assignment Sample for statistics
Free Assignment help Sample of Statistical Solution by VAH experts
Any time you need business statistics assignment help or guidance on probability and statistics assignments from Value Assignment Help, you can see the sample section. We have a large number of samples of statistics papers already written. These samples will be beneficial for you whenever you need help with your academic papers.
Our samples will give you the right start, whether you need help with an introduction to probability and statistics or conclusions from similar statistics assignments. When you browse through statistics assignment examples and samples, you will gain valuable insight into the topics of statistics. It will be helpful when you work on similar topics in future.
In addition, you will also get an idea of how our authors approach the introduction, the main section and the conclusion of the statistics assignment. This will help you understand why our writers have earned an excellent reputation.
Another important thing about these samples is that you can access them free of charge when you decide to take advantage of our Professional Statistics Assignment Support service. Therefore, you will not incur any hidden charges when you avail of our services. Therefore, visit our website and download any sample related to your topic.
1. Measurement of Inflation (80 points)
There are only four goods in Happy land: Cheese, movie, gasoline, and popcorn. The following table shows the prices and quantities produced of these goods in 2018, 2019, 2020 and 2021:
|
|
|
2018 |
2019 |
2020 |
2021 |
||||
|
Market Basket Items |
# of units |
$ per unit |
Total cost |
$ per unit |
Total cost |
$ per unit |
Total cost |
$ per unit |
Total cost |
|
Cheese |
3 |
1.75 |
5.25 |
1.5 |
4.5 |
1.5 |
4.5 |
1.65 |
4.95 |
|
Movie |
2 |
12 |
24 |
13.5 |
27 |
15 |
30 |
18 |
36 |
|
Gasoline |
10 |
1.25 |
12.5 |
1.6 |
16 |
1.8 |
18 |
2 |
20 |
|
Popcorn |
50 |
1 |
50 |
1.05 |
52.5 |
1.2 |
60 |
1.25 |
62.5 |
|
Total |
|
16 |
91.75 |
17.65 |
100 |
19.5 |
112.5 |
22.9 |
123.45 |
- Fill in blanks in the table (20 points)
- Using year 2018 as base year, calculate the index number for each year. (20 points) =
Year 2018 Index = [Current year/Base Year] *100
= [91.75/91.75] *100 = 100
Year 2019 Index = [Current year/Base Year]*100
= [100/91.75] *100 = 108.99
Year 2020 Index =[Current year/Base Year]*100
= [112.5/91.75] *100 = 122.62
Year 2021 Index =[Current year/Base Year]*100
= [123.45/91.75] *100 = 134.55
- Calculate the inflation rate since the previous year based on your calculation from b. (10 points)
The inflation rate of the year 2019 =(Level in new year−Level in the previous year)/Level in the previous year
= (108.99 – 100)/100 = 0.0899 or 8.99%
Inflation rate of year 2020 =(Level in new year−Level in previous year)/Level in previous year
= (122.62 – 108.99)/108.99 = 0.125 or 12.51%
Inflation rate of year 2021 =(Level in new year−Level in previous year)/Level in previous year
= (134.55 – 122.62)/122.62 = 0.097 or 9.73%
- Using year 2020 as base year, calculate the index number for each year. (20 points)
Year 2018 Index = [Current year/Base Year]*100
= [91.75/112.5] *100 = 81.56
Year 2019 Index = [Current year/Base Year]*100
= [100/112.5] *100 = 88.89
Year 2020 Index =[Current year/Base Year]*100
= [112.5/112.5] *100 = 100
Year 2021 Index =[Current year/Base Year]*100
= [123.45/112.5] *100 = 109.73
- Calculate the inflation rate since the previous year based on your calculation from d. (10 points)
The inflation rate of the year 2019 =(Level in new year−Level in the previous year)/Level in the previous year
= (88.89 – 81.56)/81.56 = 0.091 or 9.1%
Inflation rate of year 2020 =(Level in new year−Level in previous year)/Level in previous year
= (100 – 88.89)/88.89 = 0.125 or 12.5%
Inflation rate of year 2021 =(Level in new year−Level in previous year)/Level in previous year
= (109.73 – 100)/100 = 0.097 or 9.73%
-
Refer to the table below and calculate the unemployment rate and labour force participation rate for this simple economy. (20 points)
|
Total population |
20,000 |
|
Working-age population |
15,000 |
|
Employment |
10,000 |
|
Unemployment |
300 |
Unemployment rate =[Unemployment/(Employed population + Unemployed population)] *100
= [300/ (10000 + 300)] *100 = 2.91
Labor force participation rate =Employment/Working Age Population *100
= 10000/15000 *100 = 66.67
Why do you need Value assignment help for all statistical assignments?
For scoring good grades, you can always contact our writers!!! Statistics as a subject involves high-level interpretation of data and application of complex concepts in statistics. Therefore, students taking statistics courses usually face problems while solving complex statistics. Statistics Assignment Writing Services are designed keeping this fact in mind. Our dedicated service team exclusively focuses on Statistics and can provide the best Statistics Assignment writing service within minutes.
We have professional teams of statisticians who are always ready to assist you to your satisfaction. Therefore, they provide numerous modification facilities free of cost (Terms and Conditions apply). We also provide sample statistics to check the quality work you provide, which will help you check our solutions' authenticity. Once satisfied, place your order online for the best statistics assignment assistance. We always accommodate students if they have any questions, don't hesitate to contact us for statistics support.
No Comments