Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Item Aluminum (cents per pound) Natural gas $ per million BLA Petroleum (barrel) Platinum (troy ounce) Click here for the Excel Data File Item Aluminum Natural gas Petroleum Platinum $ Simple price index 2010 Price 0.82 4.37 71.21 1,743.60 $ 2018 0.86 2.99 58.15 1,292.53 Quantity Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 1 decimal place.) 2010 1,000 5,000 60,000 500 2018 1,200 4,000 60,000 600

Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Item Aluminum (cents per pound) Natural gas $ per million BLA Petroleum (barrel) Platinum (troy ounce) Click here for the Excel Data File Item Aluminum Natural gas Petroleum Platinum $ Simple price index 2010 Price 0.82 4.37 71.21 1,743.60 $ 2018 0.86 2.99 58.15 1,292.53 Quantity Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 1 decimal place.) 2010 1,000 5,000 60,000 500 2018 1,200 4,000 60,000 600

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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Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given.

Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 1 decimal place.)

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