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Applied Statistics(STAT-5106)
Week 4 Index numbers: construction and uses of index numbers
Week 4 Index numbers: construction and uses of index numbers
Concept of Index number
Difference between wholesale and retail price index number
Uses of Index Number
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handouts-of-index-number.pdf (1.36 MB )
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Course Material
Week 1 Sampling: Need of sampling, Sample versus population, Random and nonrandom sampling, concepts of statistic and population parameter.
Week 2 Sampling techniques: Simple Random, Stratified and Systematic random sampling
Week 3: Sampling and Non-Sampling Errors.
Week 4 Index numbers: construction and uses of index numbers
Week 5:Un-weighted index numbers (simple aggregative index, Average of relative price index numbers).
Week 6: Weighted index numbers (Laspayers, Paaches and Fishers ideal index numbers).
week 7: Consumer price index (CPI) and Sensitive Price Indicators.
Week 8 Time Series Analysis: Components of time series and their isolation.
Week 9: Vital Statistics
Week 10: Uses of vital statistics, short comings of vital statistics
Week 11: Rates and ratios (Sex ratio, child women ratio, birth and death ratio, population growth rate
Week 12: Classification of death rates or mortality rates, crude death rate
Week 13: Specific death rate, infant mortality rate, case fatality rate, fertility rates
Week 14: Crude birth rate, specific birth rate, standardized death rate
Week 15: Reproduction rates, gross reproduction rate, net reproduction rate
Week 16: Morbidity or sickness rates, marriage rates, divorce rates etc. general; fertility rate, total fertility rate
Chapters
16
Department
Statistics
Teacher
Mr. Waseem Athar Haqqani