Management > Managerial Statistics > Index Number By Kelly’s Method and Walsh’s Method Kelly’s Method: Truman L. Kelly has suggested the following formula for constructing index number. Here weights are the quantities which may refer to some period, not necessarily the base year or current year. Thus the average quantity of two or more years […]
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Kelly’s Method and Walsh Method
- Post author By Hemant More
- Post date July 5, 2019
- 1 Comment on Kelly’s Method and Walsh Method
- Tags Arithmetic mean, Base year, Chain base, Choice of average, Commodities, Different Weighted Index Method, Dorbish and Browley's Method, Explicit method, Fisher's Ideal Index Number, Fixed base, Geometric mean, Implicit method, Index Number, Kelly's Method, Lapeyre's Index Number, Managerial Statistics, Marshall Edgeworth Method, Paasche's Index Number, Price index, Price Index by Dorbish and Browley's Method, Price Index by Fisher's Method, Price Index by Laspeyre’s Method, Price Index by Marshall Edgeworth Method, Price Index Number by Paasche's Method, Quantity index, Quantity Index by Dorbish and Browley's Method, Quantity Index by Fisher's Method, Quantity Index by Laspeyre’s Method, Quantity Index by Marshall Edgeworth Method, Quantity Index by Paasche's Method, Selection of Weights, Simple Aggregative Method, Simple Average of Relative Method, Statistics, Value index, Walsh Method