Listed are the net sales for a San Francisco-area mail-order retailer for the years 2009 to 2018. Sales Year (millions) 2009 $486.6 2010 506.8 2011 522.2 2012 574.6 11 2013 580.7 2014 568.5 2015 581.9 2016 496.1 2017 456.6 2018 433.3 Click here for the Excel Data File Use the mean sales for the earliest three years to determine a base and then find the index for 2017 and 2018. (Round your answers to 1 decimal place.) The base value Year 2017 2018 Simple index

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Listed are the net sales for a San Francisco–area mail-order retailer for the years 2009 to 2018.

Use the mean sales for the earliest three years to determine a base and then find the index for 2017 and 2018. (Round your answers to 1 decimal place.)

By how much have net sales increased from the base period? (Round your answers to 1 decimal place.)

Year
2017
2018
Simple index
By how much have net sales increased from the base period? (Round your answers to 1 decimal place.)
The net sales have
by
and
percent from the 2009-2011 period to 2017 and 2018 respectively.
Transcribed Image Text:Year 2017 2018 Simple index By how much have net sales increased from the base period? (Round your answers to 1 decimal place.) The net sales have by and percent from the 2009-2011 period to 2017 and 2018 respectively.
Listed are the net sales for a San Francisco-area mail-order retailer for the years 2009 to 2018.
Sales
Year (millions)
2009
$486.6
2010
506.8
2011
522.2
2012
574.6
2013
580.7
568.5
581.9
496.1
456.6
433.3
2014
2015
2016
2017
2018
Click here for the Excel Data File
Use the mean sales for the earliest three years to determine a base and then find the index for 2017 and 2018. (Round your answers
to 1 decimal place.)
The base value
Year
2017
2018
Simple index
Transcribed Image Text:Listed are the net sales for a San Francisco-area mail-order retailer for the years 2009 to 2018. Sales Year (millions) 2009 $486.6 2010 506.8 2011 522.2 2012 574.6 2013 580.7 568.5 581.9 496.1 456.6 433.3 2014 2015 2016 2017 2018 Click here for the Excel Data File Use the mean sales for the earliest three years to determine a base and then find the index for 2017 and 2018. (Round your answers to 1 decimal place.) The base value Year 2017 2018 Simple index
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