Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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The following information is on food items for the years 2010 and 2018.
2010
2018
Item
Price Quantity
Price
Quantity
Margarine (pound)
Shortening (pound)
Milk (1/2 gallon)
Potato chips
$0.81
18
$2.00
27
0.84
1.88
9.
1.44
70
2.89
65
2.91
27
3.99
33
B Click here for the Excel Data File
Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
Fisher's ideal index
Transcribed Image Text:The following information is on food items for the years 2010 and 2018. 2010 2018 Item Price Quantity Price Quantity Margarine (pound) Shortening (pound) Milk (1/2 gallon) Potato chips $0.81 18 $2.00 27 0.84 1.88 9. 1.44 70 2.89 65 2.91 27 3.99 33 B Click here for the Excel Data File Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.) Fisher's ideal index
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