Dooley Retail Outlets' total retail sales volumes for selected years since 1982 are shown in the following table. Also shown is the CPI with the index base of 1982-1984. Deflate the sales volume figures on the basis of 1982-1984 constant dollars, and comment on the firm's sales volumes in terms of deflated dollars.
Answer to relevant QuestionsData on quantities of three items sold in 1995 and 2009 are given here along with the sales prices of the items in 1995. Compute a weighted aggregate quantity index for 2009. Use the price data in exercise 18 to compute a Paasche index for the shipping cost if 2009 quantities are 4000, 3000, 7500, and 3000 for each of the four products. In exercise 18 The five-year historical prices per share for a particular stock and the Consumer Price Index with a 1982-1984 base period follow. Deflate the stock price series and comment on the investment aspects of this stock. Compute the price relatives for the R&B Beverages products in exercise 4. Use a weighted average of price relatives to show that this method provides the same index as the weighted aggregate method. In exercise 4 Nielsen Media Research identified American Idol and Dancing with the Stars as the two top-rated prime-time television shows (USA Today, April 14, 2008). In a local television preference survey, 750 individuals were asked to ...
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