A trucking firm handles four commodities for a particular distributor. Total shipments for the commodities in 1994

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A trucking firm handles four commodities for a particular distributor. Total shipments for the commodities in 1994 and 2009, as well as the 1994 prices, are reported in the following table.

Develop a weighted aggregate quantity index with a 1994 base. Comment on the growth or decline in quantities over the 1994-2009 period.

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Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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Question Posted: Sep 20, 2015 09:31 AM

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A trucking firm handles four commodities for a particular distributor. Total shipments for the commodities in 1994

Question:

Shlpments 1994 120 86 35 60 Price/Shlpment 1994 $1200 $1800 $2000 $1500 Commodlty 2009 95 75 50 70

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Statistics For Business And Economics

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