TOPICS
Search

Laspeyres' Index

The statistical index

P_L=(sump_nq_0)/(sump_0q_0),

where p_n is the price per unit in period n and q_0 is the quantity produced in the initial period.

See also

Index

Explore with Wolfram|Alpha

References

Kenney, J. F. and Keeping, E. S. Mathematics of Statistics, Pt. 1, 3rd ed. Princeton, NJ: Van Nostrand, pp. 65-67, 1962.

Referenced on Wolfram|Alpha

Laspeyres' Index

Cite this as:

Weisstein, Eric W. "Laspeyres' Index." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/LaspeyresIndex.html

Subject classifications