Example 1 Find index numbers for the years 1973, 1974 and 1975 from the following d taking 1972 as base and using Mean as an average. Price of Commodities Years A B 2.80 3.00 3.25 3.40 1.50 1.75 1.20 1972 1973 1.40 1974 1975 2.00 2.25 1.50 1.60
Example 1 Find index numbers for the years 1973, 1974 and 1975 from the following d taking 1972 as base and using Mean as an average. Price of Commodities Years A B 2.80 3.00 3.25 3.40 1.50 1.75 1.20 1972 1973 1.40 1974 1975 2.00 2.25 1.50 1.60
Chapter5: Decimals
Section5.5: Averages And Probability
Problem 400E: The cash register receipts each day last week at a coffee shop were $1,845. $1,520. $1,438, $1,682,...
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Transcribed Image Text:Ехample 1
Find index numbers for the years 1973, 1974 and 1975 from the following dar
taking 1972 as base and using Mean as an average.
Price of Commodities
Years
C
2.80
3.00
3.25
3.40
1.50
1.20
1972
1973
1.75
2.00
2.25
1.40
1974
1975
1.50
1.60
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