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Author Question: The table below shows hypothetical data for volumes of e-books and hardcover books sold over a ... (Read 112 times)

curls713

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The table below shows hypothetical data for volumes of e-books and hardcover books sold over a 3-year period in a particular city.

E-books Hardcover Books
Year 1  23 000  72 000
Year 2  52 000  59 000
Year 3106 000  31 000

TABLE 2-3

Refer to Table 2-3. Suppose we choose Year 1 as the base year and construct a series of index numbers with which to analyze sales data. The index numbers for volumes of hardcover books sold (starting with Year 1) is
◦ 431; 819; 100.
◦ 100; 0.819; 0.431.
◦ 100; 81.9; 43.1.
◦ 0.431; 0.819; 100.
◦ 43.1; 81.9; 100.


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Marked as best answer by curls713 on Oct 12, 2022

ladan86

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curls713

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Reply 2 on: Oct 12, 2022
Wow, this really help


ktidd

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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