Wines of South Africa provide a complete range of white wines, red wines and dessert wines. The table below gives the quantity sold as well as the price for 2010 and 2014. Use 2010 as the base year. Calculate theLaspeyres price index of Wines of South Africa. Round off to two decimals.20102014Wine TypeQuantity SoldPrice (in R)Quantity SoldPrice (in R)Red500R30400R70White2500R204000R15Dessert2000R501000R60O A. 86.06%O B. 76.88%O C. 104.23%O D. 116.67%

Index numbers are statistical devices to measure the relative changes in the level of phenomenon…

Answered: Wines of South Africa provide a…

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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The following data report total, monthly U.S. book-store sales in millions of dollars from January 2016 to March 2019. (Go to https://www.census.gov/retail/index.html#mrts, find “Monthly Retail Trade Report,” then select “Time Series/Trend Charts” to find the data for the total U.S. bookstore sales.)YearMonth 2016 2017 2018 2019January $1,468 $1,386 $1,271 $1,144February 727 691 709 666March 719 707 734 685April 709 729 710May 778 781 787June 713 704 727July 687 669 701August 1,524 1,374 1,364September 1,064 997 986October 715 689 741November 742 703 768December 1,256 1,157 1,259 c. Which forecasting model is appropriate based on the data for the total U.S. bookstore sales?Appropriate model____________d. Evaluate a seasonally adjusted trend…
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The following data report total, monthly U.S. book-store sales in millions of dollars from January 2016 to March 2019. (Go to https://www.census.gov/retail/index.html#mrts, find “Monthly Retail Trade Report,” then select “Time Series/Trend Charts” to find the data for the total U.S. bookstore sales.)YearMonth 2016 2017 2018 2019January $1,468 $1,386 $1,271 $1,144February 727 691 709 666March 719 707 734 685April 709 729 710May 778 781 787June 713 704 727July 687 669 701August 1,524 1,374 1,364September 1,064 997 986October 715 689 741November 742 703 768December 1,256 1,157 1,259 g. Predict book sales for the next 9 months. (Round your answers to 4 decimal places.)Year Month Forecast…
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