Calculate the weighted price index from the following data ;Materials requiredUnitQuantity requiredPrice ( $.)19631973Cement100 lb.500 lb.5-08.0Timber2,000 c.ft.50 cwt.c.ft.9.514.2Steel sheetscwt.34.042-20Bricksper '00020,00012-024.0

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Answered: Calculate the weighted price index from…

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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B) What is the variable cost per unit produced ( to 1 decimal) ?
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3. You are building a go-cart for the National Go-cart Championship Race. Knowing that heavier go-carts travel faster but consume more gas, you need to figure out the optimal go- cart weight. This graph shows the relationship between the weights of last year's go-carts and the amount of gas they used. Use the graph to answer questions a-d. Gas Consumption Depending on Car Weight 400 350 300 E250- 200 150 100 50 40 60 80 100 120 140 160 Car weight (kg) Gas used (ml) 20 OHayden-McNeil, LLC
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1.) Below are prices per gallon of regular gasoline at various Shell and Mobil gas stations. Shell: $3.34 $3.56 $3.90 $4.01 $4.12 $3.36 $3.59 Mobil: $23.24 $3.25 $3.99 $3.99 $4.33 $2.99 $3.23 $2.90 $3.56 $3.12 At a= 0.01, test the claim that these two gas chains have the same average gas prices. a.) Use a hypothesis test b.) Use an appropriate confidence interval 1a.) H0: ______________________ H1: ___________________ t= ________________ P-value __________________ Conclusion: _________________________________ b.) t a/2 = ____________________ CI: ____________________________ Conclusion: ___________________________________________
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Calculate the weighted price index from the following data ; Materials required Unit Quantity required Price ( $.) 1963 1973 Cement Timber 100 lb. 500 lb. 5-0 8.0 2,000 c.ft. 50 cwt. c.ft. 9.5 14.2 Steel sheets cwt. 34.0 42-20 Bricks per '000 20,000 12-0 24-0