Comparative Analysis of Some Selected Domestic Commodities Using Four Methods of Price Index (A Case Study of Taraba State for Period Of 2008-2016)
Okorie Charity Ebelechukwu,
Gladys Andrew and
Ben Johnson
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Ben Johnson: Department of Mathematics and Statistics, Federal University Wukari, Nigeria
Biostatistics and Biometrics Open Access Journal, 2019, vol. 9, issue 4, 81-85
Abstract:
This research work focuses on the use of price indices to compare prices of some selected domestics commodities in Taraba state. Secondary data were collected, from the Statistical year book, Taraba State. The data were analyzed using Lapierre’s, Paasches, Wabash’s and Kelly’s price indices. In the analysis we observed that there was an increase of about 5.7% in prices of commodities in 2010 also an increase in prices of about 86.31% in 2016 and a little decreases in prices of commodities in 2009, 2011 to 2015.
Keywords: Biometrics Open Access Journal; Biostatistics and Biometrics; Biostatistics and Biometrics Open Access Journal; Open Access Journals; biometrics journal; biometrics articles; biometrics journal reference; biometrics journal impact factor; biometrics and biostatistics journal impact factor; journal of biometrics; open access juniper publishers; juniper publishers reivew (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:adp:jbboaj:v:9:y:2019:i:4:p:81-85
DOI: 10.19080/BBOAJ.2019.09.555766
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