Date Price 2013 $3.50s 2014 $3.58 Le 2015 $2.429 2016 $2.143 Price index

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 37E: Find the positive geometric mean between 4 and 64.
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Question
the following table provides the average price of regular grade gasoline for 4 years. Use 2015 as the reference value, complete the table by calculating the price index for each year. Show all your calculation
001.
Date
Price
2013 $3.505
2014 $3.58
2015 $2429
2016 $2.143
Price index
Op==
Transcribed Image Text:001. Date Price 2013 $3.505 2014 $3.58 2015 $2429 2016 $2.143 Price index Op==
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