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Author Question: Solve the problem.A part of the Consumer Price Index (CPI) is given below:Suppose a week's groceries ... (Read 123 times)

amal

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Question 1

Solve the problem.

Suppose that the cost of a statistics text was in and is in .  What is the "Statistics Text Index" number, rounded to the nearest tenth, for the edition with the price as the reference value?
◦ 100.0
◦ 216.7
◦ 46.2
◦ 60

Question 2

Solve the problem.

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



Suppose a week's groceries in cost . What would these groceries cost, to the nearest dollar, 20 years later?
◦ $237
◦ $184
◦ $33
◦ $241


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Marked as best answer by amal on Jan 18, 2020

cici

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amal

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


komodo7

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

 

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