Given the following data:Year|Weekly take-homeConsumerpay (wagesprice index2007109.5112.82008112.8118.22009116.4127.42010125.08138.22011135.4143.52012138.1149.8(i) What was the real average weekly wage for eachyear?(ii) In which year did the employees have the greatestbuying power?(iii) What percentage increase in the weekly wages forthe year 2012 is required (if any) to provide thesame buying power that the employees enjoyed inthe year in which they had the highest real Wages.

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Answered: Given the following data: Year |Weekly…

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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The following table shows the average monthly production of coal in tonnes for the Year Production Year Production (in tonnes) (in tonnes) 50.0 38.1 36.5 43.0 2010 2011 2012 2013 2014 44.5 38.9 2015 2016 2017 2018 2019 32.6 41.7 41.1 33.8 year 2010-2019. a) Compute the price indices from 2010 to 2019 by taking 2019 as the base year. Compare the price of 2014 and 017. c) What is the percentage (%) change in the production from 2016 to 2019?
Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. Month Sales ($) April 17,000 May 18,000 June 19,500 July 22,000 August 21,000 September 23,000 You are required to; a. Using linear trend equation forecast the sales of face masks for October 2020. b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: July 0.2, August 0.3 and September 0.5.
6. The Motion Picture Association of America reports a drop-off of video disc sales. The data in the table below shows consumer spending on video discs (DVD, Blue-ray, and UltraHD Blu-ray) in the United States in the years 2015-2018. Year Consumer Spending on video discs (in billions of dollars) 2015 9.1 2016 8.0 2017 6.8 2018 5.8 (a) What was the average rate of change in consumer spending from 2015 to 2018? (Be sure to include units.) (b) Use the average rate of change calculated above to predict consumer spending on video discs in 2020?
10 (11) Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel, May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows. Current Year Previous Year Occupied Rooms 1,476 1,482 Total Rooms 1,800 1,900 What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current year Previous Year c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. p-value = Using a level of significance, what is your conclusion? We ______ that there has been an increase in the hotel occupancy rate. d. What is the 95 %confidence interval estimate of the change in occupancy for the one-year period (to 4 decimals)? ___ to ___
The following table shows the price per share of Apple stock at the beginning of different months. Calculate the four-month weighted moving average for October 2021. Round your answer to the nearest cent. Month July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 Apple Stock Price Simple Moving Average Weighted Moving Average $136.60 $146.36 $152.83 $141.90 $148.99 $167.48 ???
Calculate Fisher's price index from the following data and check whether time Reverse Test is satisfied: Base year (1990) Current year (1995) Commodity Price Quantity Price Quantity A 32 50 30 50 B 30 35 25 40 C 16 55 18 50
Below are the CPIS for three different European countries from 2016 to 2019: Country CPI in 2016 CPI in 2017 CPI in 2018 CPI in 2019 United Kingdom 99.4 101.5 104.2 106.3 France 99 100.6 101.7 103.1 Germany 99.1 100.8 102 103.3 (a) Which country / countries experienced inflation from 2016 to 2019? (b) Calculate the percentage changes in CPIS from 2018 to 2019 for each country. (c) If the prices of a country, it was the cheapest in 2019? roduct wer the same in these three countries in 2018, in which
U.S. Bureau of Labor Statistics current population survey of unemployment rate and median weekly earnings to highest degree earned. Note: Data are for persons age 25 and over. Highest Degree Earned Unemployment Rate (%) Median Weekly Earnings ($) Doctoral Degree 1.5 1,743 Professional Degree 1.5 1,836 Master's Degree 2.2 1,401 Bachelor's Degree 2.5 1,173 Associate's Degree 3.4 836 Some College, No Degree 4.0 774 High School Diploma 4.6 712 Less than a High School Diploma 6.5 520 Overall 3.6 907 What was the overall national: a) percentage of unemployment? b) median weekly earnings?
he following information is on food items for the years 2010 and 2018. 2010 2018 Item Price Quantity Price Quantity Margarine (pound) $ 0.81 18 $ 2.00 27 Shortening (pound) 0.84 5 1.88 9 Milk (1/2 gallon) 1.44 70 2.89 65 Potato chips 2.91 27 3.99 33 Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 2 decimal places.)
47. Given the following data : Weekly take-home pay (wages) Consumer price index Year 109.50 112.8 2012 2013 112.20 118.2 2014 116.40 127.4 2015 125.08 138.2 2016 135.40 143.5 2017 138.10 149.8 () What was the real average weekly wage for each year ? (i) In which year did the employees have the greatest buying power ? (ii) What percentage increase in the weekly wages for the year 2017 is required (if any) to provide the same buying power that the employees enjoyed in the year in which they had the highest real wages ?
Use no. 16 in table 2 whenever necessary. Indicate the steps in doing it on excel file.
kln 2.18 The report "Trends in Education 2010: Community Colleges" (www.collegeboard.com/trends) included the accompanying information on student debt for students graduating with an AA degree from a public community college in 2008. Debt Relative Frequency None 0.62 Less than $10,000 0.23 Between $10,000 and $20,000 0.10 More than $20,000 0.05 a. Use the given information to construct a bar chart. b. Comment on student debt for public community college graduates.

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