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 81 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
YES! Correct, THANKS for helping me on my review

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

How locust numbers might be correlated with predation. How locust numbers might be correlated with predation.
Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ... Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ...
How to solve optimization problems in calculus (Question 7) How to solve optimization problems in calculus (Question 7)
How to solve word problems with two unknowns (Question 1) How to solve word problems with two unknowns (Question 1)
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Escape Speed Problem Escape Speed Problem
Video: Basic rhythm - control centers in medulla oblongata, spirograph and normal tidal cycle

For a complete list of videos, visit our video library