113.5. Construct the cost of living index number forthe year 1965 based on 1960 from the following data by assigningthe given weights.Group Index No.Groupper 1965 with 1960WeightbaseFood15248Fuel and Lighting1105 Clothing13015House Rent10012Miscellaneous8020

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Answered: 143.5. Construct the cost of living…

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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143.5. Construct the cost of living index number for the year 1965 based on 1960 from the following data by assigning the given weights. Group Index No. per 1965 with 1960 base Weight Group Food 152 48 Fuel and Lighting 110 5