A Paasche price index for each year
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Question
A Paasche price index for each year.
Transcribed Image Text:The following data describe the catch an average price for three Alaskan crab species
from 1980 to 1987.
Catch (Millions of kilograms)
Snow Dungeness
Average Price ($/kg)
Snow Dungeness
King
King
1980
85.5
60.1
5.9
1.00
0.49
0.54
1981
88.6
49.4
15.1
1.39
0.50
0.69
1982
39.7
82.9
15.9
2.69
1.17
0.74
1983
26.9
54.5
11.8
2.78
0.89
1.02
1984
17.2
34.6
9.9
2.34
0.71
1.38
1985
15.3
51.5
9.7
2.63
0.60
1.27
1986
27.2
83.5
5.9
3.37
0.76
1.05
1987
15.5
75.0
10.5
1.50
1.50
0.75
Using 1983 as the base year, construct
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