MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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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