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
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Chapter 17, Problem 54CE

a.

To determine

Find the purchasing power of the dollar in 2016 using 1982–84 as the base period.

b.

To determine

Find the real monthly income in 2016.

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