EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 17, Problem 21CE
To determine

Develop a simple index of the number of employees from 2004 until 2015 using 2000 as the base period.

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The following data are taken from recent financial statements of Nike, Inc. (NKE) (in millions):     Year 2   Year 1   Revenues (sales)   $32,376   $30,601   Operating income   4,502   4,175   a. Determine the amount of change (in millions) and percent of change in operating income from Year 1 to Year 2. Round to one decimal place. Operating income   $fill in the blank 1   fill in the blank 2% b. Determine the percentage relationship between operating income and sales for Year 2 and Year 1. Round to one decimal place. Year 1 fill in the blank  Year 2 fill in the blank
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The following information is on food items for the years 2010 and 2018.                                                        2010                                    2018 Item                                     Price         Quantity           Price         Quantity Margarine (pound)             $0.81            18                  $2.00            27 Shortening (pound)             0.84             2                     1.88              9 Milk (1/2 gallon)                  1.44             74                   2.89             63 Potato chips                         2.91            26                    3.99             32   Compute a simple aggregate price index. Use 2010 as the base period. (Round your answer to 2 decimal places.)
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