Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
16th Edition
ISBN: 9780077639723
Author: Lind
Publisher: Mcgraw-Hill Course Content Delivery
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Chapter 17, Problem 54CE

a.

To determine

Find the purchasing power of the dollar in 2012 using 1982–84 as the base period.

b.

To determine

Find the real monthly income in 2012.

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1. Let X and Y be random variables and suppose that A = F. Prove that Z XI(A)+YI(A) is a random variable.
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