Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
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Chapter 17, Problem 1.2SR

(a)

To determine

To find: The simple index for the four years by using 2010 as base period and to interpret the index.

(b)

To determine

To find: The simple index for the four years by using the average of 2010 and 2012 as base period and to interpret the index.

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