Example 20.20 Given below are two sets of indices. For the purpose of continuity of records, you are required to construct a combined series with the year 1983 as the base. Year I set (Price relatives) II set (Link relatives) 1980 100 1981 120 1982 125 1983 150 100 1984 110 1985 120 1986 195 1987 105

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 23RE: Use the formula for the sum of the first ii terms of an arithmetic series to find the sum of the...
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Example 20.20 Given below are two sets of indices. For the purpose of continuity of records, you are
required to construct a combined series with the year 1983 as the base.
Year
I set (Price relatives)
II set (Link relatives)
1980
100
1981
120
1982
125
1983
150
100
1984
110
1985
120
1986
195
1987
105
Transcribed Image Text:Example 20.20 Given below are two sets of indices. For the purpose of continuity of records, you are required to construct a combined series with the year 1983 as the base. Year I set (Price relatives) II set (Link relatives) 1980 100 1981 120 1982 125 1983 150 100 1984 110 1985 120 1986 195 1987 105
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