Gen Combo Ll Statistical Techniques In Business And Economics; Connect Ac
Gen Combo Ll Statistical Techniques In Business And Economics; Connect Ac
17th Edition
ISBN: 9781260149623
Author: Lind
Publisher: MCG
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Chapter 18, Problem 2.1PT

a.

To determine

Compute the simple index for each year using 2012 as the base year.

b.

To determine

Compute the simple index for each year using 2012-2013 as the base year.

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Suppose that the price of a product has decreased by 56%. Express this value as an index number.
to う S= %3D
c. Predict sales in 15 years.
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