Author: manojns1997
-
Motivation Decay Calculator
Motivation Decay Calculator This tool estimates motivation decay and is not a psychological diagnosis. -
Mental Clarity Score Calculator
Mental Clarity Score 🧠 Mental Clarity Score
This score estimates mental clarity and is not a medical diagnosis. -
Decision Fatigue Calculator
Decision Fatigue Calculator 🧠 Decision Fatigue Calculator
This tool estimates decision fatigue and is not a psychological or medical diagnosis. -
Willpower Depletion Calculator
Willpower Depletion Calculator 🧠 Willpower Depletion Calculator
This tool estimates willpower depletion and is not a medical or psychological diagnosis. -
Mood–Productivity Correlation Calculator
Mood Productivity Correlation Calculator 😊📈 Mood–Productivity Correlation
This tool estimates correlation between mood and productivity, not a medical diagnosis. -
Creative Energy Cycle Calculator
Creative Energy Cycle Calculator 🎨 Creative Energy Cycle Calculator
This tool estimates creative energy cycles and is not a psychological assessment. -
Simple Price Index
Simple Price Index
Definition
Simple Price Index measures the change in price of a commodity in the current period compared to its price in a base period. It shows how much prices have increased or decreased over time.
Formula
Simple Price Index (SPI) = (Current Price ÷ Base Period Price) × 100
Calculator
SPI = 100 → No price change | SPI > 100 → Price increase | SPI < 100 → Price decrease -
Laspeyres Price Index
Laspeyres Price Index
Definition
Laspeyres Price Index measures the change in prices of a group of commodities over time by using quantities of the base period as weights. It shows how much more (or less) it would cost to purchase the base-period basket of goods at current prices.
Formula
Laspeyres Price Index (LPI) = ( Σ P1Q0 ÷ Σ P0Q0 ) × 100
Where: P1 = current price, P0 = base price, Q0 = base period quantity
Calculator (Single-Commodity Form)
LPI > 100 → Price increase | LPI = 100 → No change | LPI < 100 → Price decrease -
Paasche Price Index
Paasche Price Index
Definition
Paasche Price Index measures the change in prices of a group of commodities over time by using quantities of the current period as weights. It shows how much it would cost to purchase the current-period basket of goods at current prices compared to base-period prices.
Formula
Paasche Price Index (PPI) = ( Σ P1Q1 ÷ Σ P0Q1 ) × 100
Where: P1 = current price, P0 = base price, Q1 = current period quantity
Calculator (Single-Commodity Form)
PPI > 100 → Price increase | PPI = 100 → No change | PPI < 100 → Price decrease -
Fisher’s Ideal Price Index
Fisher’s Ideal Price Index
Definition
Fisher’s Ideal Price Index is a price index that measures the change in prices of a group of commodities over time by taking the geometric mean of the Laspeyres and Paasche price indices. It is called an ideal index because it satisfies both time reversal and factor reversal tests.
Formula
Fisher’s Ideal Index (F) = √(Laspeyres Price Index × Paasche Price Index)
Where:
Laspeyres = ( Σ P1Q0 ÷ Σ P0Q0 ) × 100
Paasche = ( Σ P1Q1 ÷ Σ P0Q1 ) × 100Calculator (Single-Commodity Form)
Fisher’s Index > 100 → Price increase | = 100 → No change | < 100 → Price decrease