Calculate an unweighted average of relatives value index

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Calculate an unweighted average of relatives value index




Mr. Sohan Lal, owner of a real estate office, has collected the following sales information for each of the firms’ sales personnel:













                                                Value of              sales                      (X Rs. 10,000)



Sales   person                           1994                  1995                1996                   1997


Mr. Joginder Singh                      490                   560                  530                      590



Mr. Rattan Kumar                        630                   590                  540                      680



Mr. Mohinder Verma                    760                   790                  810                      840



Mr. Pradeep Walia                       230                   250                  240                      360


Calculate an unweighted average of relatives’ value index for each year using 1994 as the base period.



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