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Author Question: Solve the problem.A part of the Consumer Price Index (CPI) is given below:What is the percent ... (Read 65 times)

ishan

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on: Jan 18, 2020

Question 1

Solve the problem.

A part of the Consumer Price Index (CPI) is given below:



Suppose an actuary's salary was in 1980. What would the salary have to be in 1990 to keep up with inflation (round to the nearest )?
◦ $124,000
◦ $29,000
◦ $78,000
◦ $73,000

Question 2

Solve the problem.

A part of the Consumer Price Index (CPI) is given below:



What is the percent increase of a market basket of goods from 1975 to 1985? Round the percent to the nearest integer.
◦ 200%
◦ 54%
◦ 100%
◦ 50%
Statistical Reasoning for Everyday Life ¦ Bennett, Briggs, Triola ¦ 5th Edition
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Marked as best answer by ishan on Jan 18, 2020

voltaire123

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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.
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ishan

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Reply 2 on: Jan 18, 2020
Thanks for the timely response, appreciate it

yeungji

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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