In 1996, the average price of a commodity was 20% more than that in 1995, but 20% less than that in 1994 and it was 50% more than that in 1997. Reduce the data, to price relatives: (i) Using 1995 as base
In 1996, the average price of a commodity was 20% more than that in 1995, but 20% less than that in 1994 and it was 50% more than that in 1997. Reduce the data, to price relatives: (i) Using 1995 as base
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 46SE: For the following exercises, refer to Table 11. Use a graphing calculator to create a scatter...
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Transcribed Image Text:In 1996, the average price of a commodity was 20% more than that in 1995, but
20% less than that in 1994 and it was 50% more than that in 1997. Reduce the data, to price relatives :
(i) Using 1995 as base
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