Product 1 2010 45 2011 52 Answer Choices: 2 70 83 3 23 46

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 3BGP
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Question
The following table gives prices of 3 products in 2010 and 2011. Find the simple aggregate
index number for 2011 taking 2010 as the base year.
Product
1
2
3
2010
45
70
23
2011
52
83
46
Answer Choices:
a. 132.56
b. 139.78
c. 131.16
d. 116.79
Transcribed Image Text:The following table gives prices of 3 products in 2010 and 2011. Find the simple aggregate index number for 2011 taking 2010 as the base year. Product 1 2 3 2010 45 70 23 2011 52 83 46 Answer Choices: a. 132.56 b. 139.78 c. 131.16 d. 116.79
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