Abstract

Sylvia G. Leaver, Cho, and David Larsen (2003) "Estimating Components of Variance of Price Change from a Scanner-Based Sample." Proceedings of the Section on Survey Research Methods, 2003, American Statistical Association.

We present estimates of components of variance of price change for an experimental scanner-based Consumer Price Index for cereal for several publication areas. Components of variance for 1-, 6-, and 12-month lags are computed using a weighted restricted maximum likelihood estimation method. Estimates are contrasted among publication areas using two different random effects models, and findings are discussed with respect to approaches to sample design.

Last Modified Date: July 15, 2004