Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Price Quantity Part RC-33 2015 $ 0.41 2022 2015 2022 $ 0.59 320 340 SM-14 WC50 1.18 0.86 0.95 110 130 0.96 230 250 Click here for the Excel Data File Compute a simple aggregate price index for 2022. Use 2015 as the base period. Note: Round your answer to 2 decimal places. Simple aggregate price index 105.58

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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provide A and B both answer with explanation

Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price
of the replacement parts and the quantity purchased is given here.
Price
Quantity
Part
RC-33
2015
$ 0.41
2022
2015
2022
$ 0.59
320
340
SM-14
WC50
1.18
0.86
0.95
110
130
0.96
230
250
Click here for the Excel Data File
Compute a simple aggregate price index for 2022. Use 2015 as the base period.
Note: Round your answer to 2 decimal places.
Simple aggregate price index
105.58
Transcribed Image Text:Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Price Quantity Part RC-33 2015 $ 0.41 2022 2015 2022 $ 0.59 320 340 SM-14 WC50 1.18 0.86 0.95 110 130 0.96 230 250 Click here for the Excel Data File Compute a simple aggregate price index for 2022. Use 2015 as the base period. Note: Round your answer to 2 decimal places. Simple aggregate price index 105.58
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