Price (Cents/Gal) in Year 1996 2010 2017 Premium 114 240 272 Unleaded plus Regular unleaded 103 230 258 93 221 241
Price (Cents/Gal) in Year 1996 2010 2017 Premium 114 240 272 Unleaded plus Regular unleaded 103 230 258 93 221 241
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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Based on the following data, develop a weighted index for the price of a gallon of gasoline in 2017, when 1996 is the reference year having an index value of 99.2. The weight placed on regular unleaded gasoline is three times that of either premium or unleaded plus, because roughly three times as much regular unleaded is sold compared with premium or unleaded plus.
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