The quarterly numbers of single-family housing starts (in thousands of dwellings) in the United States from 2013
Question:
The quarterly numbers of single-family housing starts (in thousands of dwellings) in the United States from 2013 through 2015 are recorded below.
a. Using Quarter 1, 2013, as a base period, calculate the simple index for this quarterly time series.
b. Interpret the simple index for Quarter 2, 2014.
c. By what percentage did the number of housing starts change between Quarter 1, 2013, and Quarter 4, 2015?
d. By what percentage did the number of housing starts increase between Quarter 1, 2014, and Quarter 4, 2015?
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Related Book For
Statistics For Business And Economics
ISBN: 9780134506593
13th Edition
Authors: James T. McClave, P. George Benson, Terry Sincich
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