13. The rise in price in certain commodity was 5% in 1999; 8% in 2000 and 77% in 2001. It is said that the average price rise between 1999-2001 was 26% and not 30% justify this statement and explain it.
13. The rise in price in certain commodity was 5% in 1999; 8% in 2000 and 77% in 2001. It is said that the average price rise between 1999-2001 was 26% and not 30% justify this statement and explain it.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![13. The rise in price in certain commodity was 5% in 1999; 8% in
2000 and 77% in 2001. It is said that the average price rise between 1999-2001 was
26% and not 30% justify this statement and explain it.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7bcb732-7700-47ec-ab63-616cf972e4be%2F720514a9-c66c-4256-9a33-a4592842dd3c%2Fg0dmkhj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:13. The rise in price in certain commodity was 5% in 1999; 8% in
2000 and 77% in 2001. It is said that the average price rise between 1999-2001 was
26% and not 30% justify this statement and explain it.
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