Fruit prices and the amounts consumed for 2014 and 2019 are below. Use 2014 as the base. - Item 2014 2019 Price ($) Quantity Price ($) Quantity Bananas (pound) 0.23 100 0.69 120 Apples (pound) 0.35 85 1.89 85 Determine simple average price index, aggregate index, Laspeyres, Paasche, Fisher’s price index and value index.
Fruit prices and the amounts consumed for 2014 and 2019 are below. Use 2014 as the base. - Item 2014 2019 Price ($) Quantity Price ($) Quantity Bananas (pound) 0.23 100 0.69 120 Apples (pound) 0.35 85 1.89 85 Determine simple average price index, aggregate index, Laspeyres, Paasche, Fisher’s price index and value index.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 20E
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Fruit prices and the amounts consumed for 2014 and 2019 are below. Use
2014 as the base. -
Item 2014 2019
Price ($) Quantity Price ($) Quantity
Bananas (pound) 0.23 100 0.69 120
Apples (pound) 0.35 85 1.89 85
Determine simple average price index, aggregate index, Laspeyres, Paasche,
Fisher’s price index and value index.
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