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From the data given below splice the two index series in a backward manner and compute the index numbers for the various years by shifting the base to 1994, A price index series was started in 1988 with base 1988. In 1992 it rose by 30% while the link relative for 1993 was 90. In the same year a new series of index was started which rose by 20 points in the next year. During the next four years there was no significant rise. During 1998 the price level went up by 5% of that of 1996 and the price level of 1996 was 8% higher than 1994.

From the data given below splice the two index series in a backward manner and compute the index numbers for the various years by shifting the base to 1994, A price index series was started in 1988 with base 1988. In 1992 it rose by 30% while the link relative for 1993 was 90. In the same year a new series of index was started which rose by 20 points in the next year. During the next four years there was no significant rise. During 1998 the price level went up by 5% of that of 1996 and the price level of 1996 was 8% higher than 1994.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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From the data given below splice the two index series in a backward manner and compute the index numbers for the various years by shifting the base to 1994. A price index series was started in 1988 with base 1988. In 1992 it rose by 30% while the link relative for 1993 was 90. In the same year a new series of index was started which rose by 20 points in the next year. During the next four years there was no significant rise. During 1998 the price level went up by 5% of that of 1996 and the price level of 1996 was 8% higher than 1994.
Transcribed Image Text:From the data given below splice the two index series in a backward manner and compute the index numbers for the various years by shifting the base to 1994. A price index series was started in 1988 with base 1988. In 1992 it rose by 30% while the link relative for 1993 was 90. In the same year a new series of index was started which rose by 20 points in the next year. During the next four years there was no significant rise. During 1998 the price level went up by 5% of that of 1996 and the price level of 1996 was 8% higher than 1994.
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