STAT TECH IN BUSINESS & ECON AC
18th Edition
ISBN: 9781264731657
Author: Lind
Publisher: MCG
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Question
Chapter 3, Problem 17E
(a)
To determine
Find the median percent change.
(b)
To determine
Find the modal percent change.
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Maximizing the profit of timber harvesting involves considering all of the following except:
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The following table shows the Consumer Price Index (CPI), which uses the year 1983 as a baseline
(1983 100%). What is the equivalent 1983 yearly salary to a worker who earned $40,000 in the
year 2010? Round to the nearest cent.
Year
2010
CPI
220.22
2009
216.69
2008
211.14
2007
211.08
2006
202.42
2005
198.3
2004
190.7
A
1
Year
2 2010
3 2011
4
2012
5 2013
6 2014
7 2015
8 2016
9 2017
10 2018
11 2019
12
17
B
Price
220100
226300
242700
261900
283100
303300
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335200
318600
с
CPI
218.06
224.94
229.59
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237.02
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245.12
251.11
255.66
D
Chapter 3 Solutions
STAT TECH IN BUSINESS & ECON AC
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