This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Solve the problem.Identify the four price index numbers in the table that would result from using ... (Read 98 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Jan 18, 2020

Question 1

Solve the problem.

Part of the Housing Price Index for 1999 is given below:



Suppose that wages are directly related to housing values. If the hourly wage for a job is per hour in Spokane, what would the job pay in Sioux City?
◦ $24.58
◦ $8.92
◦ $9.77
◦ $5.89

Question 2

Solve the problem.

Identify the four price index numbers in the table that would result from using the price from 1995 as the reference value. Round each value to the nearest tenth.

Average Gasoline Prices (per gallon)
YearPricePrice as a Percentage of 1975 PricePrice Index
(1975 = 100)		Price Index
(1995 = 100)
195529.1¢51.3%51.3​
197556.7¢100.0%100.0​
1995120.5¢212.5%212.5​
2005231.0¢407.4%407.4​

◦ 1955: 191, 1975: 100, 1995: 47.8, 2005: 24.1
◦ 1955: 191.7, 1975: 100, 1995: 47.1 ,2005: 24.1
◦ 1955: 24.1, 1975: 47.8, 1995: 100, 2005: 191
◦ 1955: 24.1, 1975: 47.1, 1995: 100, 2005: 191.7
Statistical Reasoning for Everyday Life ¦ Bennett, Briggs, Triola ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jeatrice on Jan 18, 2020

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jan 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


jeatrice

  • Member
  • Posts: 543
Reply 2 on: Jan 18, 2020
Thanks for the timely response, appreciate it

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Drugs and their effect table Drugs and their effect table
Standing at the head of the table, apply effleurage to upper trapezius from neck to shoulder using a ... Standing at the head of the table, apply effleurage to upper trapezius from neck to shoulder using a ...
How to solve angle of depression problems in right triangles How to solve angle of depression problems in right triangles
How to solve rate problems leading to fractional equations (Question 2) How to solve rate problems leading to fractional equations (Question 2)
Solve the following Logarithmic equation, if log(x-y/3)=1/2(logx+logy), Solve the following Logarithmic equation, if log(x-y/3)=1/2(logx+logy),
Tracing numbers and alphabets by nat 3 years old Tracing numbers and alphabets by nat 3 years old
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library