K A The average price of a domestic airline ticket increased from $236 in 1990 to $444 in 2016. Use the table to the right to complete parts (a) and (b) below. CITE a. Calculate the relative change in price from 1990 to 2016, and compare this change to the overall rate of inflation as measured by the Consumer Price Index. Domestic airline ticket prices increased by 88% (Round to the nearest integer as needed.) The overall rate of inflation was% (Round to the nearest Integer as needed.) Average Annual Consumer Price Index (CPI) (1982-1984-100) Year CPI 1976 56.9 1977 60.6 1978 65 2 1979 72.6 1980 82.4 1981 90.9 1995 152.4 2009 214.5 1982 96.5 1996 156.9 2010 218.1 1983 99.6 1997 160.5 2011 224.9 1984 103.9 1998 163.0 2012 229.6 1985 107.6 1999 166.6 2013 233.0 109.6 2000 172 2 2014 236.7 113.6 2001 177.1 2015 237.0 1988 118.3 2002 179. 2016 240.0 1989 124.0 2003 184.0 1986 1987 Year CPI Year CPI 1990 130.7 2004 1991 136.2 2005 1992 140.3 2006 1993 1994 188.9 195.3 201.6 144.5 2007 207.3 148.2 2008 215.3 Et: 1
K A The average price of a domestic airline ticket increased from $236 in 1990 to $444 in 2016. Use the table to the right to complete parts (a) and (b) below. CITE a. Calculate the relative change in price from 1990 to 2016, and compare this change to the overall rate of inflation as measured by the Consumer Price Index. Domestic airline ticket prices increased by 88% (Round to the nearest integer as needed.) The overall rate of inflation was% (Round to the nearest Integer as needed.) Average Annual Consumer Price Index (CPI) (1982-1984-100) Year CPI 1976 56.9 1977 60.6 1978 65 2 1979 72.6 1980 82.4 1981 90.9 1995 152.4 2009 214.5 1982 96.5 1996 156.9 2010 218.1 1983 99.6 1997 160.5 2011 224.9 1984 103.9 1998 163.0 2012 229.6 1985 107.6 1999 166.6 2013 233.0 109.6 2000 172 2 2014 236.7 113.6 2001 177.1 2015 237.0 1988 118.3 2002 179. 2016 240.0 1989 124.0 2003 184.0 1986 1987 Year CPI Year CPI 1990 130.7 2004 1991 136.2 2005 1992 140.3 2006 1993 1994 188.9 195.3 201.6 144.5 2007 207.3 148.2 2008 215.3 Et: 1
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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