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Computing Sensitive Price Index and Inflation

Summary:
bit.ly/dsia04c Part C of Lec 4 on Descriptive Statistics: An Islamic Approach, explains some philosophical aspects of data reduction and simplification. Then it discusses the details of how a price index is constructed, and how it is used to compute inflation. This is done in context of the Sensitive Price Index for Pakistan.

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bit.ly/dsia04c Part C of Lec 4 on Descriptive Statistics: An Islamic Approach, explains some philosophical aspects of data reduction and simplification. Then it discusses the details of how a price index is constructed, and how it is used to compute inflation. This is done in context of the Sensitive Price Index for Pakistan.


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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