Question 23 Calculate the Laspeyres Quantity Index, Lq. А 106.95 В 102.93 C 108.06 D 105.97

4. 2xe** dx

11. 12:27 = x:76 x = I

Consider the highest daily snowfall accumulation in Montréal per winter season, measured at the Montréal Airport from 1964/65 to 2014/15. The measurements in cm are as follows: maxsnow ## [1] 15.2 25.4 32.8 14.5 23.6 37.8 43.2 22.9 20.3 21.1 25.7 24.6 25.9 22.5 32.8 ## (16] 19.6 11.0 18.2 10.8 21.3 22.0 13.6 21.8 21.0 21.2 12.2 20.2 17.2 40.0 27.8 ## [31] 13.2 20.8 21.4 23.6 35.8 33.9 31.0 18.8 15.8 18.8 17.2 41.2 35.2 31.8 23.8 ## [46] 29.8 20.4 16.0 45.6 20.8 20.0 (a) Is this data a realization of a random sample? Provide rationale for your answer (you may list pros and cons if you like). (b) Which population quantities (mean, variance, probabilities of certain events) would you like to use these data to estimate and why? (The answers to these questions are subjective).