Complete the following table (one decimal point) and answer the questions: Year Price of lamb per kg 2010 2011 2012 2013 2014 120 122 126 129 132 Index value (2012= 100) An index number is the ratio of the value of a variable or group of variables at a given time or during a specified period to its value at a base time or during a base period. OTrue OFalse

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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The frequency of the index numbers is monthly.
OTrue
OFalse
The index is an example of a specific index.
OTrue
OFalse
The index value (one decimal point) for 2014 is
In the year that the index value was the highest the price of lamb per kg was the lowest.
OTrue
OFalse
The biggest percentage increase in the price of lamb was in
Transcribed Image Text:The frequency of the index numbers is monthly. OTrue OFalse The index is an example of a specific index. OTrue OFalse The index value (one decimal point) for 2014 is In the year that the index value was the highest the price of lamb per kg was the lowest. OTrue OFalse The biggest percentage increase in the price of lamb was in
3
ete
out of
n
Complete the following table (one decimal point) and answer the questions:
Year
Price of
lamb per
kg
2010
2011
2012
2013
2014
OTrue
OFalse
120
122
126
129
132
Index
value
(2012=
100)
An index number is the ratio of the value of a variable or group of variables at a given
time or during a specified period to its value at a base time or during a base period.
A
Transcribed Image Text:3 ete out of n Complete the following table (one decimal point) and answer the questions: Year Price of lamb per kg 2010 2011 2012 2013 2014 OTrue OFalse 120 122 126 129 132 Index value (2012= 100) An index number is the ratio of the value of a variable or group of variables at a given time or during a specified period to its value at a base time or during a base period. A
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