The prices and production of grains for 2002 and 2015 (http://www.ers.usda.gov) are listed below. Using 2002 as
Question:
Using 2002 as the base period, find the value index of grains produced for 2015.
Transcribed Image Text:
2002 Production (mlllons of bushels) 2015 Productlon (mllons of bushels) 2002 Price Per Bushel 2015 Price Per Bushel Graln 116 2 8,967 227 Oats $1.81 $2.09 90 2 13,601 214 5.99 3.65 5.53 Wheat Corn Barley 3.56 2.32 2.72
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
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