24. In calculating cost of living index number, the weights used were : Rent 2, Clothing 3 Fuel and Light 1 and Miscellaneous 2. Calculate the index Food 8 number in the case of data where the percentage increases in the prices of the various items in 2017 over prices of 2016 were 40, 75, 60, 35, and 80 respectively.
24. In calculating cost of living index number, the weights used were : Rent 2, Clothing 3 Fuel and Light 1 and Miscellaneous 2. Calculate the index Food 8 number in the case of data where the percentage increases in the prices of the various items in 2017 over prices of 2016 were 40, 75, 60, 35, and 80 respectively.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 24PPS
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